FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6486. Not much change since last update, pair remains capped by the strong 1.6520 level, and consolidating in a tight range, with no clear bias in the hourly as both 20 SMA and 200 EMA remain flat, slightly bullish, we need a strong break of 1.6520 to call for further rises in the pair, thus 1.6600 should made the pair retreat if reached, said Valeria Bednarik, collaborator at FXstreet.com. To the downside, watch key 1.6370 support as under that, pair will confirm a bearish continuation.

Support levels: 1.6440 1.6400 1.6370. Resistance levels: 1.6520 1.6550 1.6600.