FXstreet.com (Barcelona) - After rising around 100 pips from 1.5025 in the early European morning, the GPB/USD has reached the 1.5130 level, fresh 15-weeks high. Currently, the pair is trading around 1.5110/20 after rising 0.55% so far today from opening price at 1.5035.
Yesterday, Cable won 0.65% form opening price at 1.4935, reaching 1.4835 as lowest and 1.5050 as maximum, to close the day at 1.5030.
The Swiss e Trade Strategy Team says: Cable is trading in an unbroken uptrend this European morning, right now near the day's high at 1.5080. A down correction is now in the cards, to levels around 1.5020 again, before a further upmove sets in, probably breaking the 1.5100 handle level.
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