FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6554. Pair holds the bullish tone yet bigger time frames indicators are starting to show signs of exhaustion to the upside. Correction was capped by the 1.6520 level, first support for next hours.

To the upside, break above 1.6600 level will send the pair quickly back to the 1.6660/70 area, ahead of stronger 1.6710, said Valeria Bednarik, collaborator at FXstreet.com.

Support levels: 1.6550 1.6520 1.6470. Resistance levels: 1.6600 1.6660 1.6710.