85
Currency Analyst since 2010

GBP/USD tries to conquer $1.5600

GBP/USD rose to $1.5600 and is struggling to rise further as British services PMI rose from 60.2 to 60.5, the highest level since 2007 (analysts expected a decline to 59.3).

Resistance for GBP/USD is at $1.5635, $1.5700, $1.5750. Support lies at $1.5575, $1.5530, $1.5496 (200-day MA).

Chart. H4 GBP/USD

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