FXstreet.com (Buenos Aires) - GBP/USD Current Price: 1.6517. Pair has start the week with a slightly bullish tone, still range bound. Flat indicators along with flat 20 SMA gave no clear clues for next hours, but technical static resistance/supports levels the pair has been moving in for the past few days: clearly above 1.6520, next resistance comes at 1.6550, followed by the 1.6600 area, where pair should retreat.
Confirmations under 1.6470, will put the pair under pressure and accelerate downside momentum, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.6470 1.6440 1.6410. Resistance levels: 1.6520 1.6550 1.6600.