FXstreet.com (Buenos Aires) - GBP/USD Current price: 1.6168. Pound has managed to close the day gaining against greenback, as speculations about next BOE hawkish tone movement persist. Hourly charts show pair struggling around 20 SMA that still has a slightly bullish tone, while momentum also turned bullish.
Bigger time frames show pair testing from above flat 20 SMA. Bias is slightly bullish unless a clear acceleration trough the 1.5150/60 area, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.6160 1.6100 1.6060. Resistance levels: 1.6200 1.6250 1.6290.