FXStreet (Guatemala) - GBP/USD is trading at 1.6577, down -0.01% on the day, having posted a daily high at 1.6598 and low at 1.6568.



GBP/USD is settled in the middle of the range today with Yellen giving us what we had expected as being Dovish and not giving us anything new in relation to expectations of hikes from the Fed – the dollar remains firm.



GBP/USD hourly levels



With spot trading at 1.6578, we can see next resistance ahead at 1.6580 (Daily Open), 1.6580 (Monthly Low), 1.6580 (Weekly Low), 1.6582 (Daily Classic PP) and 1.6582 (Hourly 20 EMA). Support below can be found at 1.6568 (Daily Low), 1.6564 (Yesterday's Low), 1.6562 (Daily Classic S1), 1.6544 (Daily Classic S2) and 1.6540 (Weekly Classic S2).



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    GBP/USD: Sideways action ahead of UK PMI report

  2. Forex News

    Pound Response to PMI Data Likely Limited as BOE Looms Ahead

  3. Investing

    GBP/USD: August 2015 Forecast

  4. Forex News

    Heavy Event Risk in Jobs Data, Rate Decision Will Confront Summer Trading

  5. Forex News

    US Dollar as ‘Data Dependent’ as the Fed as NFPs Approach

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!