The Pound gained versus the Dollar after stronger 4th quarter Final GDP was revised to 0.4% from 0.3% expected. Overall, GBP/USD traded with a low of 1.4973 and a high of 1.5126. GBP/USD rose from a double bottom near 1.48 and could continue higher toward the 1.52 resistance. No economic data expected today.

GBP/USD - Last: 1.5080

Resistance

1.5115

1.5200

1.5255

Support

1.5050

1.4955

1.4895

width=450