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22 Apr 2014
GBP/USD falls to 1.6810
FXStreet (San Francisco) - The GBP/USD is trading under pressure in a current pro-dollar environment amid rising Treasury yields as well as bullish stocks and a set of better-than-expected economic data in the US.
After losing around 20 pips from 1.6830 in the latest few minutes, the GBP/USD declined to 1.6810. Currently, the pair is trading at 1.6818, up 0.16% on the day, having posted a daily high at 1.6841 and low at 1.6786.
GBP/USD levels
Supports are seen at 1.6810, 1.6785 (low Apr.21) and 1.6770 (low Apr.18). On the upside, resistances are at 1.6840, 1.6845 (high Nov.18 2009) and finally 1.6879 (high Nov.16 2009).
After losing around 20 pips from 1.6830 in the latest few minutes, the GBP/USD declined to 1.6810. Currently, the pair is trading at 1.6818, up 0.16% on the day, having posted a daily high at 1.6841 and low at 1.6786.
GBP/USD levels
Supports are seen at 1.6810, 1.6785 (low Apr.21) and 1.6770 (low Apr.18). On the upside, resistances are at 1.6840, 1.6845 (high Nov.18 2009) and finally 1.6879 (high Nov.16 2009).