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21 Apr 2015
GBP/USD extends gains above 1.4900
FXStreet (Córdoba) - Cable rose more than 70 pips during the last hours amid a decline of the US dollar across the board and printed a fresh daily high at 1.4955.
GBP/USD turns bullish after breaking 1.4915
Since Friday’s American session GBP/USD was moving with a bearish bias. Today bottomed at 1.4855 but then started to recover but the area around 1.4915, capped again the upside. Recently price bounced from 1.4865 and jumped sharply to the upside, breaking 1.4915.
Currently the pair trades at 1.4940/45, up 0.25% for the day and near Monday’s highs that lie at 1.4985.
Despite rising against greenback, the pound lost ground during the American session versus European currencies. EUR/GBP is back around 0.7200 while GBP/CHF trades at daily lows at 1.4235 after being unable to hold on top of 1.4300.
GBP/USD turns bullish after breaking 1.4915
Since Friday’s American session GBP/USD was moving with a bearish bias. Today bottomed at 1.4855 but then started to recover but the area around 1.4915, capped again the upside. Recently price bounced from 1.4865 and jumped sharply to the upside, breaking 1.4915.
Currently the pair trades at 1.4940/45, up 0.25% for the day and near Monday’s highs that lie at 1.4985.
Despite rising against greenback, the pound lost ground during the American session versus European currencies. EUR/GBP is back around 0.7200 while GBP/CHF trades at daily lows at 1.4235 after being unable to hold on top of 1.4300.