© Dukascopy
Daily
maximum: 1.5887
GBP/USD recovers after a week-long slump after the ECB President announced the Central Bank will continue its current operations to reduce tensions on the financial markets, piercing the market mean at 1.5753.
The
support (1.5688; 1.5628; 1.5507) levels remained intact today whereas the third
resistance level at 1.5992 might be tested as the market stance is bullish for
the rest of the trading day, according to the daily trading signals.