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Forex pairs in this Article » GBP/USD
FXStreet (Moscow) - GBP/USD is on its way to beat the record of May,2011 at 1.6737, reaching 1.6693 high at the moment.

The pound still has scope to surprise

It looks like the pair is targeting at May, 2011 high, though 1.6690/1.67 may be a hard area to overcome, though it already cleared the stops around 1.6680. If the risk appetite continues, the pair has big chances to reach 1.6723 resistance in a couple of hours. The scheduled for today US confidence numbers may give some support to the rise as well.

What are today’s key GBP/USD levels?

Today's central pivot point can be found at 1.6640, with support below at 1.6606, 1.6667 and 1.6523, with resistance above at 1.6689, 1.6723, and 1.6772. Hourly Moving Averages are bullish, with the 200SMA at 1.6415, and the daily 20EMA bullish at 1.6463. Hourly RSI is neutral at 60.
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