GBP/USD making advances into positive territory

By FXstreet.com | July 09, 2014 AAA

FXStreet (Guatemala) - GBP/USD is trading at 1.7143, up 0.06% on the day, having posted a daily high at 1.7148 and low at 1.7094.



GBP/USD is challenging the midpoint of the handle on the release of the FOMC. The minutes were not coming in with any surprise and essentially confirmed that the Fed will be leaning towards October as and end for their QE programme.



GBP/USD Levels



Current price is 1.7143, with resistance ahead at 1.7148 (Daily High), 1.7150 (Yesterday's High), 1.7160 (Daily Classic R1), 1.7166 (Monthly High) and 1.7166 (Weekly High). Next support to the downside can be found at 1.7137 (Hourly 100 SMA), 1.7134 (Daily Open), 1.7127 (Weekly Low), 1.7123 (Hourly 20 EMA) and 1.7122 (Daily Classic PP).



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