FXstreet.com (Córdoba) - Cable lost strength during the American session and moved away from intra-day highs. GBP/USD peaked at 1.6603 following the report on U.S. growth but then pulled back finding support at 1.6535. Currently the pair is testing levels below 1.6335 and trades 0.95% above today's opening price. The Pound weakened after being unable to break above 1.6600. To the downside the next support lies at 1.6500 and below at 1.6450.
The Sterling is also pulling back against the Euro. EUR/GBP rebounded at 0.8905 (one-month low) and rose to 0.8970.