The Pound finished slightly higher versus the Dollar and weaker versus the Euro. Prelim GDP came out weaker than expected with 0.2% but optimism surrounding Greece left the Pound higher. Overall, GBP/USD traded with a low of 1.5294 and a high of 1.5399. As long as GBP/USD keeps trading above the 50 day moving average the momentum is bullish. No major economic data expected today.

GBP/USD - Last: 1.5405

Resistance

1.5450

1.5485

Support

1.5335

1.5295

1.5260

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