FXstreet.com (Córdoba) - Cable rebounded at 1.5940, intra-day low and rose to 1.6020, session high. From there GBP/USD started to pull back and now is being traded at the 1.6000 zone, if the pair fails to hold the pair could regain the downside.
Earlier in the day, Pound rose to 1.6126, posting the highest price in four days. The pair is still up, 0.28% above today's opening price but is far from intra-day high.
Against the Euro, Cable is falling again. EUR/GBP rebounded at 0.9080 and from there rose back on top 0.9100. Currently the pair is testing levels above the resistance at 0.9150 and is 0.18% above today's opening price.