FXstreet.com (Barcelona) - The GBP/USD has risen around 50 pips from 1.4450 to 1.4510 after the December US S&P/Case-Shiller Home Price data. Then, the pair has began to fall sharply again and has reached the 1.4410, today's minimum.

GBP/USD has been moving in a range from 1.4470 to 1.4510 during today's session. The last two hours, the GBP/USD has fallen more than 150 pips, currently the pair is trading above the 1.4400 level.