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28 Mar 2014
GBP/USD to close the week at highs around 1.6650
FXStreet (San Francisco) - The Sterling is extending its advance against the US Dollar with the cable completing a 50 pips uptrend movement from 1.6600 overnight to test the weekly high at 1.6650.
The GBP/USD is currently trading at 1.6635, 0.15% positive on the day. The short term perspective remains slightly bullish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the north while the Stochastic and the MACD are neutral.
GBP/JPY levels
Above the 1.6650, the pair would face resistances at 1.6655, 1.6700 and 1.6715. On the downside, supports are seen at 1.6600, 1.6590 and 1.6550.
The GBP/USD is currently trading at 1.6635, 0.15% positive on the day. The short term perspective remains slightly bullish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the north while the Stochastic and the MACD are neutral.
GBP/JPY levels
Above the 1.6650, the pair would face resistances at 1.6655, 1.6700 and 1.6715. On the downside, supports are seen at 1.6600, 1.6590 and 1.6550.