GBP/USD "Pound Dollar": Resistance: 1.6270 (sell below this level). Support: 1.6100 (buy above this level for retesting this level for a short period). Trading recommendations: Range: 190 pips. Volatility: 306,58, therefore, the market indicates the higher volatility. According to the previous events, the price is still between the levels of 1.6200 and 1.6170. The descending movement will probably be lower than the 1.6270 level with the first targets at the 1.6175 and 1.6110 levels. Buy deals are recommended above the 1.6105 level with targets at 1.6140 and 1.6170 levels. Weekly Pivot Point: R3: 1.6398 R2: 1.6272 R1: 1.6207 PP: 1.6081 S1: 1.6016 S2: 1.5890 S3: 1.5825
