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15 Jan 2015
GBP/USD tests yesterday's high
FXStreet (Córdoba) - GBP/USD dropped to 1.5154 after the SNB shocked markets but then turned to the upside rising more than a hundred pips.
Currently the pair is trading around 1.5250, rising for the second day in a row and is testing yesterday's high that lie at 1.5267. Today GBP/USD peaked at 1.5262.
Cable remains resilient as the US dollar drops versus commodity currencies and the yen and while EUR/GBP consolidates below 0.7700, at multi-year lows.
GBP/USD technical levels
To the upside immediate resistance lies at 1.5265/70 (Jan 14 high) and above here at 1.5300 and 1.5320 (Jan 5 high). On the opposite direction, support might be located at 1.5155/60 (daily low), 1.5140 and 1.5095.
Currently the pair is trading around 1.5250, rising for the second day in a row and is testing yesterday's high that lie at 1.5267. Today GBP/USD peaked at 1.5262.
Cable remains resilient as the US dollar drops versus commodity currencies and the yen and while EUR/GBP consolidates below 0.7700, at multi-year lows.
GBP/USD technical levels
To the upside immediate resistance lies at 1.5265/70 (Jan 14 high) and above here at 1.5300 and 1.5320 (Jan 5 high). On the opposite direction, support might be located at 1.5155/60 (daily low), 1.5140 and 1.5095.