Back
20 Jun 2013
GBP/USD steadies below 1.5500
FXstreet.com (Córdoba) - The GBP/USD is taking a breather after the sharp sell off triggered by Bernanke found support at the 1.5410 zone.
GBP/USD capped by 1.5490
Even though the GBP/USD managed to trim losses during Thursday's American session, the recovery was capped by the 1.5490 zone, confining the pair to a phase of consolidation that has extended over the last hours.
At time of writing, GBP/USD is trading at the 1.5470 area, just a few pips below its opening price. On the upside, next resistances are seen at 1.5490 (intraday resistance) and 1.5550 (50-hour SMA), while on the downside, supports could be faced at 1.54130 (daily low) and 1.5400 (psychological level).
GBP/USD capped by 1.5490
Even though the GBP/USD managed to trim losses during Thursday's American session, the recovery was capped by the 1.5490 zone, confining the pair to a phase of consolidation that has extended over the last hours.
At time of writing, GBP/USD is trading at the 1.5470 area, just a few pips below its opening price. On the upside, next resistances are seen at 1.5490 (intraday resistance) and 1.5550 (50-hour SMA), while on the downside, supports could be faced at 1.54130 (daily low) and 1.5400 (psychological level).