FXstreet.com (Barcelona) - The Sterling's rejection at 1.6750 has found support at 1.6670 after falling around 80 pips during the European morning. The GBP/USD has bounced at this level and it is trading above 1.6700 level, close to 1.6730, recovering previous losses and reaching 0.20% daily gains from opening price action.

According to Valeria Bednarik, FXstreet.com collaborator, the best pair to trade now is the GBP/USD as the Pound is well bid: Pound remains strong enough to extend current upside rally, after due corrective movement; confirmations above the 1.6750 today's high, should approach the pair to the 1.6800 area, ahead of 1.6842, this month high.

.