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23 Sep 2014
GBP/USD targets 1.64 handle
FXStreet (Guatemala) - GBP/USD is trading at 1.6385, up 0.15% on the day, having posted a daily high at 1.6390 and low at 1.6357.
GBP/USD has demonstrated 20 pips to the upside targeting 1.6400 in Asia after sitting in a tight range throughout overnight sessions. The FXStreet OB/OS Index is reflecting overbought hourly conditions in a market that still tries to digest the effects of the Scottish referendum, as Valeria Bednarik, chief analyst at FXStreet noted.
GBP/USD support and resistance
Support levels: 1.6300 1.6275 1.6220
Resistance levels: 1.6345 1.6410 1.6470
GBP/USD has demonstrated 20 pips to the upside targeting 1.6400 in Asia after sitting in a tight range throughout overnight sessions. The FXStreet OB/OS Index is reflecting overbought hourly conditions in a market that still tries to digest the effects of the Scottish referendum, as Valeria Bednarik, chief analyst at FXStreet noted.
GBP/USD support and resistance
Support levels: 1.6300 1.6275 1.6220
Resistance levels: 1.6345 1.6410 1.6470