Back
23 May 2013
GBP/USD eases from daily highs
FXstreet.com (Córdoba) - Following a nearly hundred-pip recovery, the GBP/USD found interim resistance at the 1.5130 area during the American afternoon and trimmed gains.
GBP/USD lost momentum after hitting a high of 1.5127 and slid back to the 1.5100 area, where it is trading at time of writing, still up 0.4% on the day.
As for technical level, on the upside next resistances are seen at 1.5130 (daily highs) and 1.5170 (high May 22), while on the flip side, supports could be found at 1.5050 (intraday support) and 1.5010 (daily low).
GBP/USD lost momentum after hitting a high of 1.5127 and slid back to the 1.5100 area, where it is trading at time of writing, still up 0.4% on the day.
As for technical level, on the upside next resistances are seen at 1.5130 (daily highs) and 1.5170 (high May 22), while on the flip side, supports could be found at 1.5050 (intraday support) and 1.5010 (daily low).