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10 Apr 2013
Forex: GBP/USD consolidates above 1.5300
FXstreet.com (Córdoba) - The Cable has had a relatively quiet day on Wednesday, having oscillated in a narrow range between 1.5290 and 1.5340 most of the session, even unaffected by the release of the FOMC minutes.
At time of writing, GBP/USD is trading around mid-range at the 1.5320 area where it is virtually unchanged since opening. In terms of technical levels, Valeria Bednarik, chief analyst at FXstreet.com sees next resistances at 1.5330, 1.5350 and 1.5410, while she places supports at 1.5270, 1.5240 and 1.5200.
At time of writing, GBP/USD is trading around mid-range at the 1.5320 area where it is virtually unchanged since opening. In terms of technical levels, Valeria Bednarik, chief analyst at FXstreet.com sees next resistances at 1.5330, 1.5350 and 1.5410, while she places supports at 1.5270, 1.5240 and 1.5200.