Cable rose earlier to a fresh one-month high at 1.6740 but failed to confirm above 1.6700. After the opening bell at Wall Street the pair fell to 1.6658 and since then moved inside a range between 1.6665 and 1.6690. Current price at 1.6672/75 is 0.15% above today’s opening price. Pound is rising for the fourth consecutive day against Greenback.
“It is consolidated (GBP/USD) as well due to technical movements and shows a tendency to fall according to the four-hour momentum indicators, having the royal pound trading at 1.6680 recording a high of 1.6741 and a low of 1.6641 with a resistance at 1.6704 and a support at 1.6640.”
GBP/USD (Sep 12 at 05:06 GMT)
1.6661/66 (0.02%)
H 1.6661 L 1.66545
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.6578 | 1.6619 | 1.6661 | 1.6661 | 1.6703 | 1.6744 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Sep 12 at 05:06 (15-minute timeframe) | |
