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10 Dec 2014
GBP/USD reaches fresh highs above 1.5700
FXStreet (Córdoba) - GBP/USD has pushed to fresh daily highs during the American session, having gained traction on the break of 1.5700 and tracking EUR/USD move higher.
The pound shrugged off dovish comments from BoE Carney, who said UK CPI inflation "is probably going to dip below 1%” and turned positive for the day, reaching a high of 1.5718, roughly at the same level it peaked yesterday. At time of writing, the pair is trading at 1.5715, up 0.32% on the day.
GBP/USD technical levels
In terms of technical levels, GBP/USD could find immediate resistances at 1.5725 (Dec 8 high) and 1.5742 (Dec 2 high). On the flip side, supports are seen 1.5646 (daily low) and 1.5625 (Dec 9 low).
The pound shrugged off dovish comments from BoE Carney, who said UK CPI inflation "is probably going to dip below 1%” and turned positive for the day, reaching a high of 1.5718, roughly at the same level it peaked yesterday. At time of writing, the pair is trading at 1.5715, up 0.32% on the day.
GBP/USD technical levels
In terms of technical levels, GBP/USD could find immediate resistances at 1.5725 (Dec 8 high) and 1.5742 (Dec 2 high). On the flip side, supports are seen 1.5646 (daily low) and 1.5625 (Dec 9 low).