FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6503. Hovering around 1.6500, pair still remains capped by the very close 1.6520 level ahead of stronger 1.6550 zone. Flat in the hourly, bigger time frames are slightly bullish at this point yet only a clear break above yesterday's high could confirm the bias. 1.6470 is first support to consider ahead of stronger 1.6430 zone.
Daily ascendant trend now coming from past March lows around 1.36, today lies at 1.6410 and should offer again some strong support, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.6470 1.6430 1.6410.Resistance levels: 1.6520 1.6550 1.6600.