FXstreet.com (Buenos Aires) – GBP/USD Current Price: 1.6486. Unchanged since early Europe, pair remains consolidating in a tight range, between 1.6430/1.6500. Hourly charts however had turned to slightly bullish as the pair approaches to the 1.6500 zone.
Above that, lies yesterday’s high of 1.6520, yet the pair must clearly break above 1.6550 to call for a bullish continuation. “Under 1.6430, long term daily ascendant trend line now around 1.6370 is next strong support level to consider,” said
Support levels: 1.6665 1.6430 1.6370. Resistance levels: 1.6500 1.6520 1.6550.
GBP/USD (Aug 12 at 05:40 GMT)
H 1.6507 L 1.6471
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.6402 | 1.6443 | 1.6484 | 1.6494 | 1.6535 | 1.6576 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Aug 12 at 05:15 (15-minute timeframe) |
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