Filed Under:
Forex pairs in this Article » GBP/USD (San Francisco) - After being rejected by the 1.6370 area in the early American session, the GBP/USD traded down to test the 1.6325 area, but the pair managed to bounce at this level and currently it is pricing at 1.6360.

The Cable is performing 0.10% positive on the day. The short term perspective remains slightly bearish according to the trend index in the 1-hour chart. Indicators are mixed as MACD and Momentum are pointing to the south while the CCI is bullish and the Stochastic is neutral.

GBP/USD levels

Above 1.6365, the Sterling to US Dollar exchange rate would face resistances at 1.6390, 1.6415 and 1.6465. On the downside, supports are seen at 1.6330, 1.6315 and 1.6275.
comments powered by Disqus