24 Feb 2015
GBP/USD flat around 1.5460
FXStreet (Edinburgh) - The sterling has returned to the opening levels vs. the greenback at the end of the session in Wall St., with GBP/USD hovering over 1.5460.
GBP/USD focus on Carney, UK data
The pair found decent support in the 1.5400 neighbourhood following the USD strength after the initial appreciations by Chairwoman Janet Yellen, although it has successfully managed to return to current levels around 1.5460 since then.
Looking to Wednesday’s docket, another speech by Governor M.Carney and UK Mortgage Approvals will be in the limelight for GBP traders; across the pond, the second testimony of J.Yellen will take centre stage again.
GBP/USD key levels
As of writing the pair is down 0.02% at 1.5456 with the next support at 1.5400 (psychological level) ahead of 1.5333 (low Feb.23) and then 1.5317 (low Feb.17). On the upside, a breakout of 1.5480 (high Feb.18) would aim for 1.5490 (daily cloud top) and then 1.5500 (psychological level).
GBP/USD focus on Carney, UK data
The pair found decent support in the 1.5400 neighbourhood following the USD strength after the initial appreciations by Chairwoman Janet Yellen, although it has successfully managed to return to current levels around 1.5460 since then.
Looking to Wednesday’s docket, another speech by Governor M.Carney and UK Mortgage Approvals will be in the limelight for GBP traders; across the pond, the second testimony of J.Yellen will take centre stage again.
GBP/USD key levels
As of writing the pair is down 0.02% at 1.5456 with the next support at 1.5400 (psychological level) ahead of 1.5333 (low Feb.23) and then 1.5317 (low Feb.17). On the upside, a breakout of 1.5480 (high Feb.18) would aim for 1.5490 (daily cloud top) and then 1.5500 (psychological level).