The Pound advanced against the Dollar as stock markets climbed, decreasing demand for the safest assets. Another attempt to breach the resistance level at 1.5220 failed and the Sterling declined below the 1.52 zone. Breaching the 1.5220 level might extend the positive momentum in the pair. Overall, GBP/USD traded with a low of 1.5080 and with a high of 1.5224. No economic data is expected today.

GBP/USD - Last: 1.5120

Resistance

1.5140

1.5220

 

Support

1.507

1.5000

 

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