FXstreet.com (Barcelona) - GBP/USD is going trough a recovery move after having bounced at 1.4032, ahead of the release of U.S: personal Income data. The Sterling has risen past 1.4090/1.41 resistance area and continues climbing towards 1.4135 resistance level.
The Sterling is recovering mildly after a day sell-off from 1.4250 on early European session to a low at 1.4028, the lowest level since Jan 27. From 1.4028, the Pound has recovered about 80 pips, trading around 1.4110 at the moment of writing.
The GBP should confirm recovery above 1.4135 to be able to grow past 1.4177, and above here, next resistance level would be 1.4215. On the downside, below 1.4028, next support level could be at the 1.3910/25 area and swinging lower than this, the pair could reach as low as 1.3820.