Forex: GBP/USD higher, following risk around 1.6140

FXstreet.com (Barcelona) - The sterling is following the rest of the risk associated assets on Monday, retracing ground after climbing as high as 1.6156 overnight, as risk appetite continues to swell.

Quite interesting week ahead for the sterling, as inflation figures are due tomorrow followed by December Retail Sales on Friday.

As of writing, GBPUSD is up 0.05% at 1.6140
Next resistance levels line up at 1.6182 (high Jan.11) ahead of 1.6200 (psychological level) and then 1.6255 (high Jan.3).
On the downside, a breach of 1.6089 (low Jan.11) would open the door to 1.6005 (low Jan.10) and finally 1.5992 (low Jan.9).