The pound/dollar can fall till 1.58

15.06.2009 (08:31)
The pair GBP/USD has come across resistance in the field of 1.6525 then it was rolled away to support in area 1.6325. According to currency analysts BNP Paribas if the pair manages to punch this level, possibly further decrease to 1.6245, and then to 1.6080. In case of development of such scenario the GBP/USD can fall to a mark 1.58. Now the pair GBP/USD is in the order 1.6373. Resistance passes in area 1.6420.
 
Market Watch
  Symbol Bid Ask
EURUSD 1.31578 1.31625
USDJPY 76.563 76.652
GBPUSD 1.58091 1.58249
USDCHF 0.91743 0.91848
EURCHF 1.2079 1.2083
GBPCHF 1.4519 1.4525
AUDUSD 1.0771 1.0776
USDCAD 0.9929 0.9940
GOLD 1725.70 1726.70

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