FXstreet.com (Barcelona) - Pound's corrective pullback from 1.6750 has found support at 1.6670 and the pair bounced up, reaching levels 15 pips shy of intra-day high at 1.6750 at the moment of writing.

The Pound remains strong enough, according to Valeria Bednarik, collaborator at FXstreeet.com, and it could extend rally to levels above 1.6800: 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.

On the downside, Bednarik advices to watch 1.6640 support level: Clearly under 1.6640, we could see a limited fall to the 1.6610 area, yet some acceleration there could approach as to the 1.6580 area.

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