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 1.32713 1.32721
USDJPY 76.876 76.884
GBPUSD 1.58993 1.59007
USDCHF 0.91276 0.91286
EURCHF 1.2112 1.2116
GBPCHF 1.4510 1.4516
AUDUSD 1.0830 1.0835
USDCAD 0.9951 0.9952
GOLD 1743.30 1744.30

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