Back
27 Sep 2013
GBP/USD back above 1.6100
FXstreet.com (Córdoba) - After being rejected from the 1.6130 zone, GBP/USD came under pressure and retraced intraday gains, although the downward correction was contained by the 10-hour SMA at the 1.6060 area.
GBP/USD resumes the upside
The GBP/USD bounced from lows and resumed the upside, having climbed back above the 1.6100 mark as the greenback weakens across the board. The Cable had a wild European session as comments from BOE governor Carney hit the wires, saying he does not see a case for further QE.
GBP/USD technical levels
At time of writing, GBP/USD is trading at the 1.6110 zone, still 0.4% above its opening price. As for technical levels, GBP/USD could find immediate resistances at 1.6130 (daily high) and 1.6145 (Sep 19 high), while supports are seen at 1.6060 (intraday support) and 1.6030 (daily low).
GBP/USD resumes the upside
The GBP/USD bounced from lows and resumed the upside, having climbed back above the 1.6100 mark as the greenback weakens across the board. The Cable had a wild European session as comments from BOE governor Carney hit the wires, saying he does not see a case for further QE.
GBP/USD technical levels
At time of writing, GBP/USD is trading at the 1.6110 zone, still 0.4% above its opening price. As for technical levels, GBP/USD could find immediate resistances at 1.6130 (daily high) and 1.6145 (Sep 19 high), while supports are seen at 1.6060 (intraday support) and 1.6030 (daily low).