FXstreet.com (Buenos Aires) - GBP/USD extended the rally to print an intraday high at 1.6585 before retreating to the 1.6560 zone. Pair has attempted several times to overcome the 1.6600 level this week yet failed. Another failure attempt to breach higher, will put more pressure on Pound in the term. However, confirmations above that level most likely a weekly close later in the day, not seen at this point, could send the pair higher to retest the 1.70 area.
Supports from current price lie at 1.6520 strong zone, ahead of 1.6470 level, and then 1.6440. Resistances, above the 1.6585/1.6600 key level, are located at 1.6630 and 1.6670.
