The pound/dollar can fall till 1.58

15.06.2009 (10:31)
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 1.2894 1.2897
USDJPY 84.35 84.37
GBPUSD 1.5449 1.5455
USDCHF 1.0164 1.0170
EURCHF 1.3109 1.3117
GBPCHF 1.5699 1.5713
AUDUSD 0.9152 0.9156
USDCAD 1.0383 1.0386
GOLD 1246.80 1247.80

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