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Old 06-25-2007, 04:50 PM
DailyFx's Avatar
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Join Date: Jan 2007
Posts: 10,134
Default Key price action will take place around the psychological 2.0 level, as interest rate

GBP/USD Technical: GBP/USD
- Resistance: 2.0100
- Support: 1.9700
- Trending higher past the 2.00 barrier, analysis of Fibonacci retracement levels deems the 1.974 mark a considerable support-zone as many technical analysts place stops at the 76.4% level.




See Daily Technicals for more details:
http://www.dailyfx.com/story/dailyfx...774256740.html
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