FXstreet.com (Barcelona) - The Pound has been holding its range better than other major currencies so far this week, GBP/USD has found support at 1.4450, on its retreat from 1.4660 high on Monday, and the pair has climbed to 1.4580 during Tuesday's Asian session.

Nicole Elliott, senior technical analyst at Mizuho Corporate Bank expects the pair to attempt another rally today: In what could be a terribly explosive move, and in complete contrast to the cautious dips we have seen since November, we expect a break higher today (hopefully) and one must prepare for daily rallies of several cents.