/ 

May 07

TECHNICAL ANALYSIS BY NSFX 07.05.2014

By:Nati

High:  Low: 

Cable saw the breakout above February’s high which had been tested throughout April. Reaching the high from November 2009 at the close. 1.7045, the high set in  August 2009 could be the next significant resistance level should the GBP continue higher against the USD and past this 1.7230 could be eyed. Support now expected towards 1.6920

R3
R2
R1
S1
S2
S3