FX & CFD trading involves significant risk
Comments: Pound holds higher, heading for a strong resistance at $1.6090 (channel resistance line fron Jun14). Above there is a chance to probe $1.6260 (Jun 22 high). Key resistance is at $1.6330 (channel line from May 02). Support is near $1.5970 (Jun 30 lows). Below rate may get down to $1.5910. Support lines from Jun 14 and May 02 cross at $1.5805/95 (strong support).
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