FXstreet.com (Buenos Aires) – GBP/USD Current Price: 1.6927. Also consolidating Gbp remains well bid above 1.6900, forming a small consolidation triangle in the hourly. Above 1.6940, first resistance to consider, pair could attempt a break of today’s high and address to the 1.7020 stronger area.
“Under 1.6900 correction could extend first to 1.6860 area and further close to 1.6800 without harming bullish bias,” said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.6920 1.6860 1.6800.Resistance levels: 1.6940 1.6980 1.7020.
GBP/USD (Aug 04 at 04:50 GMT)
H 1.70026 L 1.692
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.6837 | 1.6880 | 1.6922 | 1.6950 | 1.6992 | 1.7035 |
| [?]Trend Index | [?]OB/OS Index |
| Neutral | Neutral |
| Data updated on Aug 04 at 04:45 (15-minute timeframe) |
[ View GBP/USD Technical Studies ]
