GBP/USD finds support at 1.5335, back to 1.5360

FXStreet (San Francisco) - After falling around 50 pips from 1.5390, GBP/USD found support at 1.5335 where the pair experienced a buying interest that sent it back above 1.5350. Support is still on play as the Cable is testing 1.5370.

Currently, GBP/USD is trading at 1.5362, down 0.26% on the day, having posted a daily high at 1.5443 and low at 1.5339. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish.

GBP/USD levels

If the pair consolidates levels above 1.5350, it will find next resistances at 1.5360, 1.5390 and 1.5400. To the downside, supports are at 1.5335, 1.5300 and 1.5280.

EUR/USD decline halted at 1.1320

The common currency seems to have found some support in the vicinity of 1.1320 on Monday, with EUR/USD now climbing towards the 1.1330/40 band...
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