16 Jun 2014
GBP/USD pushing up to test recent highs
FXStreet (Guatemala) - GBP/USD is trading at 1.6982, up 0.08% on the day, having posted a daily high at 1.6988 and low at 1.6968.
GBP/USD has popped up in Asia while the hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. “Bullish GBP bets will remain elevated and may even reach record highs following Carney’s rate rise remarks” explained analysts at ANZ. “BoE Governor Carney’s remarked that rate rises “could happen sooner than markets currently expect”.
GBP/USD Levels
Current price is 1.6983, with resistance ahead at 1.6988 (Daily High), 1.6989 (5 Year High), 1.6994 (Yesterday's High), 1.7002 (Daily Classic R1) and 1.7033 (Daily Classic R2). Next support to the downside can be found at 1.6975 (Annual High), 1.6975 (3 Year High), 1.6975 (YTD High), 1.6973 (Daily Open) and1.6970 (Monthly High).
GBP/USD has popped up in Asia while the hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. “Bullish GBP bets will remain elevated and may even reach record highs following Carney’s rate rise remarks” explained analysts at ANZ. “BoE Governor Carney’s remarked that rate rises “could happen sooner than markets currently expect”.
GBP/USD Levels
Current price is 1.6983, with resistance ahead at 1.6988 (Daily High), 1.6989 (5 Year High), 1.6994 (Yesterday's High), 1.7002 (Daily Classic R1) and 1.7033 (Daily Classic R2). Next support to the downside can be found at 1.6975 (Annual High), 1.6975 (3 Year High), 1.6975 (YTD High), 1.6973 (Daily Open) and1.6970 (Monthly High).