FXstreet.com (Barcelona) - GBP/USD has bounced up at 1.4775 on early European session to reach an intra-day high at 1.4608 after ZEW figures, although the pair could not remain above 1.4600 for long and dropped back to levels around 1.4550.

In case of consolidation below 1.4500, next support level could lie at 1.4465 fresh three-week low, and then 1.4360. On the upside, above 1.4550, next resistance levels could stand at 1.4580 level (Apr 7 and 9 low), and above here the pair could face resistance at 1.4605 (Apr13 low) and 1.4665/80.

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