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Forex pairs in this Article » GBP/USD (Córdoba) - The GBP/USD inched higher Tuesday and printed a 4-day high during the European session although the pair lost momentum ahead of the 1.6550 level.

The GBP/USD climbed more than 70 pips throughout the day and reached its highest level since Friday at 1.6544 before finding sellers and pulling back. The GBP/USD is currently trading at the 1.6525 zone, still 0.2% above its opening price and not too far from its 2-year high of 1.6577 struck last week.

GBP/USD technical levels

In terms of technical levels, the GBP/USD has the 1.6550 area followed by 1.6577 (Dec 27 high) as main hurdles to overcome on the upside. On the other hand, immediate supports could be found at 1.6460 (Dec 30 low) and 1.6440 (100-hour SMA).
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