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Forex pairs in this Article » GBP/USD (Córdoba) - The dollar trades weaker versus most competitors on Friday as market's optimism picks up ahead of the weekend, although the pound continues to lag.

GBPUSD bounced from an European session low of 1.6017 and having risen over 50 pips ever since, it recently printed a 4-day high of 1.6075. However, the recovery stalled just shy from its 200-hour SMA (1.6078), and GBPUSD eased slightly to currently quote at the 1.6065 zone, 0.1% above its opening price.

In terms of technical levels, immediate resistances are seen at 1.6075, 1.6100 and 1.6120, while supports could be found at 1.6025, 1.6000 and 1.5975.
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