British Pound (GBP)

The Pound closed unchanged against the Dollar after it strengthened during the European session. The GBP/USD has encountered serious resistance on the daily chart (level 1.6100), and as long as the rate is below 1.6170, the pound is less attractive. Overall, GBP/USD traded with a low of 1.6090 and with a high of 1.6185. Today, the RICS House Price Balance is expected at -38.00% vs. -39.00% previously.

GBP/USD - Last: 1.6139

Resistance

1.6230

1.6265

Support

1.6050

1.6000

1.5850

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