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Forex pairs in this Article » GBP/USD (Córdoba) - The GBP/USD advanced Thursday in holiday-thinned trade and managed to break above the 1.6400 area despite the low volume.

The GBP/USD climbed to a high of 1.6420 and it is currently trading at the 1.6410 zone, recording a 0.2% gain on the day. However, with most of the European markets closed today and little data in the US docket, trading is expected to remain subdued and majors within recent ranges.

GBP/USD levels to watch

In terms of technical levels, if the Cable breaks above 1.6420, next resistances could be found at 1.6465 (Dec 10 high) and 1.6483 (2013 high Dec 18). On the flip side, supports are seen at 1.6355 (21-day SMA), 1.6320 (Dec 24 low) and 1.6300 (psychological level).
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