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13 Aug 2013
GBP/USD settles below 1.5500
FXstreet.com (Córdoba) - Following a short-lived spike, the GBP/USD slipped back below the 1.5500 mark and settled within a narrow range.
GBP/USD has spent most of the day sideways around its opening level, bounded by 1.5425 on the downside and 1.5510 on the upside, unable to pick up fresh momentum. At time of writing, GBP/USD is trading at the 1.5460 zone, where it is virtually unchanged since opening.
GBP/USD technical levels
As for technical levels, GBP/USD could find immediate supports at 1.5425 (daily low) and 1.5400 (psychological level), while resistances are seen at 1.5510 (daily high) and 1.5557 (Aug 9 high).
GBP/USD has spent most of the day sideways around its opening level, bounded by 1.5425 on the downside and 1.5510 on the upside, unable to pick up fresh momentum. At time of writing, GBP/USD is trading at the 1.5460 zone, where it is virtually unchanged since opening.
GBP/USD technical levels
As for technical levels, GBP/USD could find immediate supports at 1.5425 (daily low) and 1.5400 (psychological level), while resistances are seen at 1.5510 (daily high) and 1.5557 (Aug 9 high).