FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6428. Gbp remains under selling pressure, already under yesterday's low; 20 SMA in the daily chart at 1.6400, also past Tuesday low, is first support to consider for the next hours, followed by stronger 1.6365 zone.
Under this last, pair could accelerate the fall and resume this week downs trend, said Valeria Bednarik, collaborator at FXstreet.com. To the upside, 1.6520/60 zone should keep further rises capped to maintain the bearish bias intact.
Support levels: 1.6400 1.6370 1.6320. Resistance levels: 1.6480 1.6520 1.6560.