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Sep 17, 2014
GBP/USD surfing the poll-wave; up to 1.6360
FXStreet (San Francisco) - Another day and another poll that says, this time, the 'No' is the winning option with, OMG!, the 52%. Then the GBP/USD added a few pips to its uptrend and it reached the highest level since September 4 at 1.6360.
The pair as the poll, however, is not as strong as London's politicians would want and the GBP/USD is just declining below the 1.6350 to retake prices at 1.6320. Currently, GBP/USD is trading at 1.6323, up 0.27% on the day, having posted a daily high at 1.6360 and low at 1.6249.
GBP/USD spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
GBP/USD levels
If the pair extends its 1.6360 rejection, it will face next supports at 1.6300 and 1.6260. On the upside, resistances are at 1.6350, 1.6360 and 1.6400.
The pair as the poll, however, is not as strong as London's politicians would want and the GBP/USD is just declining below the 1.6350 to retake prices at 1.6320. Currently, GBP/USD is trading at 1.6323, up 0.27% on the day, having posted a daily high at 1.6360 and low at 1.6249.
GBP/USD spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
GBP/USD levels
If the pair extends its 1.6360 rejection, it will face next supports at 1.6300 and 1.6260. On the upside, resistances are at 1.6350, 1.6360 and 1.6400.