FX : GBP/USD sunk after another failed attempt to break above 1.6600
Fxstreet.com (Buenos Aires) – GBP/USD sunk under 1.6500 and is quickly approaching to 1.6440/50 support zone. Strong dollar rebound across the board hits hardly the Pound, as this new failed attempt to break above 1.6600 is denying a bullish longer term bias.
Under 1.6440, pair has supports at 1.6410 and 1.6370. If the last gives up, pair could win stronger downside momentum and reached 1.6320. Weekly close under 1.6400 will support further falls for next week. From current levels resistances now lie at 1.6520 and 1.6550 zone.
