FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6610. Slightly up, pair remains inside a wide intraday range, with no clear midterm bias still. Sentiment however, keeps sending dollar down across the board, and Gbp benefits with the greenback bearish trend.
Hourly indicators suggest some upside continuation for next hours after regaining the 1.6600 level; first strong resistance lies at 1.6660/70 area, ahead of stronger 1.6740, past week high. Only under 1.6520, not seen at this point, could change the pair bias, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.6550 1.6520 1.6480. Resistance levels: 1.6620 1.6660 1.6730.