11 Jul 2013
GBP/USD trades above 1.5200
FXstreet.com (San Francisco) - After rising around 100 pips in the last hour, the GBP/USD has advanced from the 1.5100 area to break above the 1.5200 level and trade as high as 1.5221, highs since July 4th.
Currently the GBP/USD is trading at 1.5205, 1.25% positive on the Day. The short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as the MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
Above the 1.5200 area, next resistances are at 1.5260 and 1.5300. On the downside, supports are at 1.5070, 1.5050 and 1.4970.
Currently the GBP/USD is trading at 1.5205, 1.25% positive on the Day. The short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as the MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
Above the 1.5200 area, next resistances are at 1.5260 and 1.5300. On the downside, supports are at 1.5070, 1.5050 and 1.4970.