FXStreet (Córdoba) – GBP/USD has pulled back from daily highs and stabilized at the 1.5720/30 region in quiet trade on Thursday American session.
Cable reached a daily peak of 1.5770 but surrendered gains at the beginning of the New York trade amid overall upbeat US data, including a surprise rise in consumer spending and better-than-expected US jobless claims. With the downside contained by 1.5717, the pair has spent the last hours in a tight range and it was last up 0.14% at 1.5726.
GBP/USD levels to watch
In terms of technical levels, GBP/USD could find next resistances at 1.5770 (Jun 25 high), 1.5801 (Jun 24 high) and 1.5830 (Jun 23 high). On the flip side, supports are seen at 1.5665 (Jun 24 low), 1.5624 (Jun 17 low) and 1.5600 (psychological level).
(Market News Provided by FXstreet)