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28 Mar 2014
GBP/USD jumps to daily highs 1.6642
FXStreet (San Francisco) - The Sterling is currently trading higher against the US Dollar as investors are supporting the pound on the back of a good UK GDP report earlier in the day.
The GBP/USD is extending advances from 1.6600 traded overnight and with the advent of the American session, the GBP/USD jumped to 1.6642, intraday high.
Pair is currently trading at 1.6635, 0.15% positive on the day. The short term perspective remains slightly bullish according to the FXStreet's trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
GBP/USD levels
The cable would face resistances at 1.6645, 1.6655 and 1.6715. On the downside, supports are seen at 1.6600, 1.6590 and 1.6550.
The GBP/USD is extending advances from 1.6600 traded overnight and with the advent of the American session, the GBP/USD jumped to 1.6642, intraday high.
Pair is currently trading at 1.6635, 0.15% positive on the day. The short term perspective remains slightly bullish according to the FXStreet's trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
GBP/USD levels
The cable would face resistances at 1.6645, 1.6655 and 1.6715. On the downside, supports are seen at 1.6600, 1.6590 and 1.6550.