Daily maximum: 1.5801
Daily minimum: 1.5692
The UK economy shows no signs of recovery therefore making investors selling the British currency versus the American dollar, crossing the market mean at 1.5753.
While none of the support (1.5661; 1.5617; 1.5497) levels has been breached, resistance 1 at 1.5782 got hit, exposing the last two resistance lines at 1.5859 and 1.5979, respectively. Meanwhile, the daily market stance is bearish.