The Pound reached new 3 month highs versus the Dollar after Bernanke's speech spurred risk appetite. Overall, GBP/USD traded with a low of 1.6657 and a high of 1.6876. Today, CPI is expected stronger with 1.4% versus 1.1% prior. RPI is expected with -0.9% versus -1.4% prior.

GBP/USD - Last: 1.6825

Resistance

1.6875

1.6900

1.6955

Support

1.6790

1.6750

1.6670

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