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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).

USD/CHF climbs off 200 SMA support

Having declined throughout the European session to find support at the 4hour 200 SMA, USD/CHF has climbed and is up 0.10% on the day at 0.8857, having previously posted a daily high at 0.8863 and a low at 0.8832.
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