GBP/USD Current Price: 1.6322. Slightly bearish in the hourly, pair also remains in a tight range ahead of tomorrow´s U.S. data. Approaching to 1.6300 and above 20 SMA that anyway remains with a bullish slope, pair needs to break under 1.6280 support to extend the downside rally.
Bigger time frames indicators also turned to the downside, yet still no clear signals coming from them. “Above 1.6370, pair will likely recover past Thursday bullish bias, and extend the rally above 1.4110 area,” said
Support levels: 1.6310 1.6260 1.6220. Resistance levels: 1.6375 1.6415 1.6460.
GBP/USD (Sep 04 at 03:58 GMT)
H 1.6338 L 1.6302
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.6235 | 1.6276 | 1.6317 | 1.6327 | 1.6368 | 1.6409 |
| [?]Trend Index | [?]OB/OS Index |
| Neutral | Neutral |
| Data updated on Sep 04 at 02:52 (15-minute timeframe) |
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