FXstreet.com (Córdoba) - GBP/USD broke above 1.6840 and rose to 1.6878, posting the highest price since August 5. The pair then pulled down but found support at 1.6810. Currently trades at 1.6827/33, 0.78% above today's opening price. If it rises further, Cable could face resistance at 1.6900 and above at 1.6960/70 and 1.7005.
The ecPulse.com analysis team affirms: Moreover, the pound-dollar pair is inclining but shows a strong tendency to fall according to the four-hour momentum indicators, having so far the royal pound trading at 1.6863 recording a high of 1.6877 and a low of 1.6667 with a resistance at 1.6958 and a support at 1.6725.