FXstreet.com (Córdoba) - Cable is moving away from intra-day highs. GBP/USD rose earlier to 1.6425 posting a three week high. The pair is now back below 1.6400 trading at 1.6370/75, 0.35% above today's opening price. The pair could find support at 1.6345 and below at 1.6300. The Pound is rising for the fifth consecutive day against the Dollar. Cable was helped earlier by a bigger than expected increase in house prices in the United Kingdom.
EUR/GBP is higher today but far from intra-day highs. Cable failed to break below 0.9080 earlier in the day. Currently the pair trades at 0.9127/30, only 0.02% below today's opening price.