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11 Jun 2014
GBP/USD rises back above 1.6800
FXStreet (Córdoba) - The Pound gained momentum across the board during the American session and pushed the GBP/USD back above 1.6800. Recently reached a fresh daily high at 1.6810.
The pair is holding above 1.6800, trading at 1.6806, up 0.30% for the day so far. Most gains were achieved during the European session, following employment data from the United Kingdom, when the GBP/USD rose to 1.6798.
GBP/USD levels to watch
To the upside, immediate resistance lies at 1.6830 (June 9 high) and above here at 1.6845 (June high). On the flip side, support now might be located at 1.6795 and then 1.6770 and 1.6735 (daily low).
The pair is holding above 1.6800, trading at 1.6806, up 0.30% for the day so far. Most gains were achieved during the European session, following employment data from the United Kingdom, when the GBP/USD rose to 1.6798.
GBP/USD levels to watch
To the upside, immediate resistance lies at 1.6830 (June 9 high) and above here at 1.6845 (June high). On the flip side, support now might be located at 1.6795 and then 1.6770 and 1.6735 (daily low).