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14 Nov 2013
GBP/USD trades close to 1.6100, buy stops at 1.6120
FXstreet.com (San Francisco) - After jumping around 100 pips in the latest few hours from 1.5990, the GBP/USD is now approaching to the 1.6100 key level with the pair pricing a fresh intra-week high at 1.6090.
The GBP/USD is now trading at 1.6085, 0.37% positive on the day. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 1-hour chart. CCI and momentum are pointing to the north while the Stochastic and the MACD are neutrals.
GBP/USD levels
Talks report that there is a large buy stops gathering around 1.6120 and more through 1.6165. Meanwhile, the GBP/USD could see resistances at 1.6100, 1.6120 and 1.6140. On the downside, the cable would face supports at 1.6000, 1.5965 and 1.5890.
The GBP/USD is now trading at 1.6085, 0.37% positive on the day. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 1-hour chart. CCI and momentum are pointing to the north while the Stochastic and the MACD are neutrals.
GBP/USD levels
Talks report that there is a large buy stops gathering around 1.6120 and more through 1.6165. Meanwhile, the GBP/USD could see resistances at 1.6100, 1.6120 and 1.6140. On the downside, the cable would face supports at 1.6000, 1.5965 and 1.5890.