The British Pound was trading higher against the American Dollar today, during the Asian session.
The currency pair GBPUSD reached the level 1.6025, which is increase with 0.09%.
Observing the behavior of the pair GBPUSD during the trading session at the last day of the week, we may say that is realized a slight decline. The pair started at levels of 1.6040 at the beginning of the session and then it moved up. Little before noon, GBPUSD made a big upward movement, followed by several serious declines and new increases. In the long run, after a divergent trading, the pair closed at 1.6020 levels. If the currency pair GBPUSD continues to fall, it is supposed to find support around the levels of 1.5962, which is bottom from Wednesday’s session. In the opposite direction, the pair will probably head to the resistance, set at the value of 1.6062, which is highest level from Friday.
At the same time, the British Pound was traded lower against the Euro and higher against the Japanese Yen, with EURGBP hitting the level 0.8111 and GBPJPY reaching the level 132.14.
Support: 1.5962, 1.5752;
Resistance: 1.6062, 1.6176, 1.6307;