FXstreet.com (Sydney) - The pound gained against the dollar and is trading at 1.6698. The pair is operating within a narrow range around 1.6696/01 and is considered slightly bullish. The pair finds support at 1.6655 and resistance is at 1.6752.

The dollar fell against the major currencies following the release of positive economic data in the US. Stocks rose slightly as unemployment claims dropped sharply and the sale of new homes hit its highest level in 2009.