Forex: GBP/USD rises after Fed's Lockhart

FXstreet.com (Barcelona) - The London opening rally to 1.5778, printing a new high in two months, was later retraced for consolidation while trading the UK data. The GBPUSD rallied again to that area ahead of the NY opening and is now finally extending gains.

Fed's Lockhart speech didn't show much his cards, dovish in some ways but little concerned about disinflation and deflation. The pair is crossing the 1.5780 area as it advances closer to 1.5800 psychological level.

Mataf.net analysts see resistances at 1.5775, 1.5815 and 1.584. Supports might be found at 1.5755, 1.5715 and 1.5675.