Forex: GBP/USD flat around 1.6075

FXstreet.com (Barcelona) - The sterling has followed its European counterpart at the beginning of the week, climbing from levels sub 1.6020 to the proximities of 1.6100 after markets have digested the news regarding the resignation of the Italian PM Mario Monti.

Extremely light docket in the UK today, as the CB Leading Economic index will be released.

GBPUSD is trading flat at 1.6075 facing the next resistance at 1.6100 (psychological level) followed by 1.6128 (high Dec.6) and 1.6131 (high Dec.4).
On the downside, a breach of 1.6002 (low Dec.7) would bring 1.5988 (low Nov.30) and 1.5962 (low Nov.28).