交易新闻
24 Apr 2015
GBP/USD bounces-off 1.5150 – psychological level
FXStreet (Mumbai) - GBP/USD sustains gains above 1.51 barrier in the European session, easing off fresh five week highs at 1.5144, just shy of 1.5150 – psychological figure as the US dollar drifted slightly away from fresh 2-week lows versus its major competitors as tepid US economic data released yesterday keeps the greenback undermined.
GBP/USD hovers near highs
The GBP/USD pair trades 0.55% higher at 1.5138, hovering near fresh 5-week highs at 1.5144. The GBP/USD pair soared largely tracking gains from EUR/USD after the main currency pair surged on the back of a short squeeze drowning the buck lower across the board.
The US dollar index which measures the relative strength of the greenback against a basket of six major currencies drops to fresh session lows at 96.94 and now trades at 97.02, down -0.43% on the day.
Meanwhile, traders now turn their focus towards US economic releases including the major durable goods orders data amid a data dry GBP calendar, for further momentum on the pair.
GBP/USD Levels to consider
The pair has an immediate resistance at 1.5196 (Feb 3 High) above which gains could be extended to 1.5250 levels. On the flip side, support is seen at 1.5028 (Today’s Low) below which it could extend losses to 1.5000 levels.
GBP/USD hovers near highs
The GBP/USD pair trades 0.55% higher at 1.5138, hovering near fresh 5-week highs at 1.5144. The GBP/USD pair soared largely tracking gains from EUR/USD after the main currency pair surged on the back of a short squeeze drowning the buck lower across the board.
The US dollar index which measures the relative strength of the greenback against a basket of six major currencies drops to fresh session lows at 96.94 and now trades at 97.02, down -0.43% on the day.
Meanwhile, traders now turn their focus towards US economic releases including the major durable goods orders data amid a data dry GBP calendar, for further momentum on the pair.
GBP/USD Levels to consider
The pair has an immediate resistance at 1.5196 (Feb 3 High) above which gains could be extended to 1.5250 levels. On the flip side, support is seen at 1.5028 (Today’s Low) below which it could extend losses to 1.5000 levels.