FXstreet.com (CÃ³rdoba) - Cable failed to hold above 1.6400 and weakened extending losses. GBP/USD found support at 1.6325 and from there started to recovery at a slow pace. Current price at 1.6336/39 is 0.32% below today's opening price. Below intra-day low at 1.6325 the next support lies at 1.6300. On the upside resistance is located at 1.6370 and above at 1.6440 (intra-day high).
Also against the Swiss Franc, Cable failed to hold gains and weakened. GBP/CHF tested 1.7400 but then pulled back to 1.7300. EUR/GBP rose to 0.8775, posting a fresh intra-day high. Currently the pair is pulling back but is holding above 0.8765.