The Pound strengthened slightly versus the Dollar after consolidating support at 1.5920. The Nationwide Consumer Confidence came out 73 better than expected 70. If the pair sustains above the 1.5980 level, it may test higher levels at 1.6120. Overall, GBP/USD traded with a low of 1.5901 and a high of 1.5994. Today, the Halifax House Price Index is expected at 0.9% vs. 1% previously.

GBP/USD - Last: 1.5990

Resistance

1.6020

1.6050

1.6100

Support

1.5910

1.5850

1.5780

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