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28 May 2013
GBP/USD recovery capped by 1.5135
FXstreet.com (Córdoba) - The pound pushed a tad higher and reached fresh daily highs versus the greenback ahead of the American opening.
Having bounced from an European low of 1.5080, GBP/USD regained the 1.5100 mark and climbed to a high of 1.5133 before losing steam. At time of writing, GBP/USD is trading at the 1.5115 zone, still up 0.1% on the day.
In terms of technical levels, immediate resistances are seen at 1.5135 (daily highs) and the 1.5150/55 zone (200-hour SMA/high May 27). On the other hand, supports could be faced at 1.5080 (intraday support) and 1.5065 (daily low) ahead of 1.5013 (low May 23).
Having bounced from an European low of 1.5080, GBP/USD regained the 1.5100 mark and climbed to a high of 1.5133 before losing steam. At time of writing, GBP/USD is trading at the 1.5115 zone, still up 0.1% on the day.
In terms of technical levels, immediate resistances are seen at 1.5135 (daily highs) and the 1.5150/55 zone (200-hour SMA/high May 27). On the other hand, supports could be faced at 1.5080 (intraday support) and 1.5065 (daily low) ahead of 1.5013 (low May 23).