GBP/USD falls to daily lows at 1.6820

By FXstreet.com | August 07, 2014 AAA

FXStreet (San Francisco) - The Sterling is trading down following BoE and ECB rate decisions and after falling around 35 pips from 1.6860, the GBP/USD is now testing the 1.6820 area, daily lows.



Currently, GBP/USD is trading at 1.6833, down 0.12% on the day, having posted a daily high at 1.6866 and low at 1.6820. GBP/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.



GBP/USD sentiment



Below the 1.6820, the GBP/USD would face supports at 1.6810 and 1.6800. On the other side, resistances are at 1.6860, 1.6885 and 1.6925.



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