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19 Mar 2015
GBP/USD bounces off 1.4700; back to 1.4750
FXStreet (Tokyo) - The GBP/USD found buying interest at the 14700 area where the pair started a recovery to reach levels of 1.4750.
Currently, GBP/USD is trading at 1.4748, down 1.53% on the day, having posted a daily high at 1.5013 and low at 1.4689. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish.
GBP/USD levels
If the pair extends its bounce from 1.4700, it will find resistances at 1.4760 and 1.4800. To the downside, supports are at 1.4700, 1.4630 and 1.4600.
Currently, GBP/USD is trading at 1.4748, down 1.53% on the day, having posted a daily high at 1.5013 and low at 1.4689. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish.
GBP/USD levels
If the pair extends its bounce from 1.4700, it will find resistances at 1.4760 and 1.4800. To the downside, supports are at 1.4700, 1.4630 and 1.4600.