GBP/USD Current Price: 1.6362. After spending most of the American session above 1.6330 level, now first support to consider, pair also triggered some upside corrective movement after falling to an intraday low of 1.6275 past Monday.
“Hourly indicators support further rises in the next hours, thus the clue will be as usual in stocks; above 1.6375, pair could extend the rally to the 1.6420 area, ahead of stronger 1.6460 level,” said
Support levels: 1.6330 1.6300 1.6275. Resistance levels: 1.6375 1.6420 1.6460.
GBP/USD (Aug 18 at 04:53 GMT)
H 1.6393 L 1.6323
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.6251 | 1.6292 | 1.6332 | 1.6342 | 1.6382 | 1.6423 |
| [?]Trend Index | [?]OB/OS Index |
| Neutral | Neutral |
| Data updated on Aug 18 at 04:50 (15-minute timeframe) |
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