FXstreet.com (Barcelona) - The Dollar weakness has extended in early U.S, session, with the British Pound rising above 1.450 Dollars for the first time in three weeks, as the ActionForex technical Team explains: GBP/USD's rise from 1.4350 extends further to as high as 1.5129 and at this point, intraday bias remains on the upside as long as 1.4805 minor support holds.

Next resistance and support levels, according to the ActionForex technical Team, stand as follows: Current rally is expected to be limited below 1.5722 resistance and bring resumption of medium term down trend. Below 1.4805 will flip intraday bias back to the downside for retesting 1.4350 low.