FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6739. Breaking lower, pair finally detached from the 1.6800/40 area, and fall to 1.6710, first support to consider during next hours. Under 20 SMA and with bearish indicators in the hourly, an acceleration under that level should send the pair to retest the strong congestion zone between 1.6640/60.
Bigger time frames indicators also support the bias, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.6710 1.6650 1.6610. Resistance levels: 1.6800 1.6840 1.6880.