19 Jul 2013
GBP/USD hits fresh daily highs
FXstreet.com (Córdoba) - The GBP/USD moved slightly higher throughout the European session and reached fresh daily highs supported by crosses.
GBP/USD capped by 200-day SMA
GBP/USD climbed to a high of 1.5260 in recent dealings, but lacked momentum enough to take the 200-day SMA and Wednesday's peak at the 1.5265 area. At time of writing, GBP/USD is trading at the 1.5250 zone, where it records a 0.2% gain on the day.
In terms of technical levels, if GBP/USD manages to break above 1.5265, next resistances are seen at 1.5300 (psychological level) and 1.5345 (Jun 27 high). On the other hand, supports are seen at 1.5190 (daily low) and 1.5145 (Jul 18 low).
GBP/USD capped by 200-day SMA
GBP/USD climbed to a high of 1.5260 in recent dealings, but lacked momentum enough to take the 200-day SMA and Wednesday's peak at the 1.5265 area. At time of writing, GBP/USD is trading at the 1.5250 zone, where it records a 0.2% gain on the day.
In terms of technical levels, if GBP/USD manages to break above 1.5265, next resistances are seen at 1.5300 (psychological level) and 1.5345 (Jun 27 high). On the other hand, supports are seen at 1.5190 (daily low) and 1.5145 (Jul 18 low).