FXstreet.com (Barcelona) - The Pound has soared about 120 pips on early U.S. session and the pair, after having bounced at 1.4515 ahead of the U.S. session opening, has broken resistance at 1.4600 to trade 0.65% above its opening price at 1.4630.
Above 1.4600, next resistance levels could lie at 1.4665/80 level and 1.4700.On the downside support levels remain at the 1.4600/1.4590 level and below here, 1.4515 and 1.4475.
Valeria Bednarik, collaborator at FXstreet.com affirms that the Pound could reach 1.4660: Momentum in the hourly points for more upside movements, yet the pair is still unable to break above the descendant trend line, static resistance around 1.4600. Break above that level, could extend upside correction to next resistance zone around 1.4660.
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