GBP/USD found the reason to move lower

FXStreet (Moscow) - http://www.fxstreet.com/technical-studies/currencies/gbpusd/">GBP/USD spent too much time in consolidation, and when the attempts to break above 1.6740 resistance level failed, the pair reversed the move, and sold-off all the way to 1.6682 low. The bids around 1.6660/80 area are rumored, thus the move down is limited by current lows. Nevertheless, if broken, it will pave the way to initial support level 1.6650 where stops below are noted.

What are today’s key GBP/USD levels?

Today's central pivot point can be found at 1.6740, with support below at 1.6691, 1.6659 and 1.6610, with resistance above at 1.6772, 1.6821, and 1.6853. Hourly Moving Averages are largely bullish, with the 200SMA at 1.6699, and the daily 20EMA bullish at 1.6648. Hourly RSI is neutral at 50.