FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6650. Regaining the upside after hitting the 1.6620 support area, pair is slightly bullish in the hourly chart, with momentum flat yet CCI changing to back up.
Bigger time frames have more clear indications of upside strength, supporting further rises in the pair. If 1.6620 supports gives up, downside movement likely to extend to 1.6570 before founding demand to halt the rally, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.6620 1.6570 1.6520. Resistance levels: 1.6660 1.6700 1.674.