© Dukascopy Bank
Daily maximum: 1.5892
Daily minimum: 1.5770
Regardless of bullish bias suggested by majority of indicators, GBP/USD has managed to pierce through supports at 1.5870 and 1.5818. However, the pair bounced off at 1.5769 and is currently trading within a narrow range - between 1.5802 and 1.5783.
Daily Resistance: 1.5925; 1.5870/74; 1.5814.
Daily Support: 1.5818/14; 1.5764; 1.5711.
Daily Bias: Bullish.