17 Feb 2015
GBP/USD returns to daily lows just ahead 1.5300
FXStreet (San Francisco) - The Sterling is giving up all its previous recovery from the rebound performed at 1.5310 overnight. After falling 85 pips from 1.5400, the GBP/USD is now trading near to 1.5310 again.
European currencies are trading under pressure after Greece's Tsipras commented Tuesday's meeting with the eurogroup. Currently, GBP/USD is trading at 1.5318, down -0.28% on the day, having posted a daily high at 1.5404 and low at 1.5317.
The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish.
GBP/USD levels
If the pair extends decline, next supports will be found at 1.5300, 1.5280 and 1.5250. To the upside, resistances are at 1.5340, 1.5380 and 1.5400.
European currencies are trading under pressure after Greece's Tsipras commented Tuesday's meeting with the eurogroup. Currently, GBP/USD is trading at 1.5318, down -0.28% on the day, having posted a daily high at 1.5404 and low at 1.5317.
The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish.
GBP/USD levels
If the pair extends decline, next supports will be found at 1.5300, 1.5280 and 1.5250. To the upside, resistances are at 1.5340, 1.5380 and 1.5400.