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GBP/USD: The Pound rejected at 1.4655 tests intra week low at 1.4465

FXstreet.com (Barcelona) ? The Pound is going through a sharp downward reversal on the back of the budget speech by U.K. Chancellor of the Exchequer Alistair Darling; GBP/USD was rejected at 1.4655 dropping all the way to a new intra?day low at 1.4476.The Pound is right at support area 1.4475/65, in case of further downside move, next support level could come at 1.4400 and then 1.4365/75. On the upside, once above 1.4515, the pair could find resistance at 1.4585/1.4600 and

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Forex: GBP/USD: The Pound rises above 1.4800

FXstreet.com (Barcelona) ? The Pound has broken resistance level at 1.4810 during Thursday?s Asian session, and recovery from Tuesday low at 1.45145 has reached to 1.4850 high. At the moment the Pound trades around 1.4835 with resistance level at 1.4850 on sight, in case of climbing above here, next resistance comes at 1.4944 and 1.5000. On the downside immediate support lies at 1.4810 and below here, 1.4737 and 1.4675/90.GBP/JPY recovery from 139.00 low on Tuesday has reached an intra-week high

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Forex: GBP/USD: Pound breaks below 1.4600 support ahead of BoE minutes and unemployment data

FXstreet.com (Barcelona) ? The Pound?s upward reaction from intra-week low at 1.4465 yesterday seems to have caped at 1.4700 so far, as the Pound continues weakening to give away most of the ground gained in yesterday?s rally. At the moment, the Sterling trades around 1.4560; 0.70% below its day-opening price.The Sterling has dropped to a support area at 1.4570/60, which so far remains intact, in case of reaching level below here, 1.4415 and 1.4465 (Apr 21 low) would come on

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Forex: GBP/USD: The Pound finds support at 1.4515 and rises back towards 1.4600

FXstreet.com (Barcelona) ? The Pound has found support at 1.4515 and the pair has rallied about 80 pips to test resistance area between 14580 and 1.4600 level again.In case of successful move above 1.4600 next resistance level could lie at 1.4665/80 level and above there at 1.4700. On the downside, below 1.4580, next support could be 1.4515 and below there, the area 1.4575/65 intra day low. According to the Kshitij Consultancy Service Team, GBP/USD will remain bearish while below

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Forex: GBP/USD: Pound continues weakening; down to 1.4515 intra-week low

FXstreet.com (Barcelona) ? The Pound continues losing ground against the Dollar and at early European session the Stterling is testing 1.4515 support level, Apr 27 low.In case of further decline, below 1.4515, next support level could lie at 1.4440 (Apr 23 low) and 1.4395 (Apr 22 low), below here, next support could be 1.4350. On the Upside, the Pound could find resistance at 1.4550, and above here, 1.4615/30, and 1.4650.According to Tim Salem, collaborator at FXstreet.com, the Pound will continue

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GBP/USD: Pound rally capped at 1.4815; eases after Fed statement

FXstreet.com (Barcelona) ? The Pound has weakened after the Fed Statement, and GBP/USD rally from 1.4515 low yesterday has capped, at least momentarily, at 1.4815 resistance level, to drop to levels around 1.4750.On the downside, the Pound could find support at 1.4745 (Apr 23 high=) and below there 1.4690/1.4710, and below there 1.4630 (Tuesday?s NY close). On the upside resistance levels stand at 1.4815, and above here, 1.4840/50 and 1.4940.GBP/JPY has broken above 143.75 after the Fed statement, although ,

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GBP/USD: Pound Breaks below 1.4920 support

FXstreet.com (Barcelona) ? The Pound has lost all the ground taken during Asian session, dropping below 1.4920 support level to reach intra-day low levels below 1.4885 support.Att the moment, the Pound trades below 1.4885 support level, next support level might be 1.4750/60 (May 1 low) and below there, 1.4700 (Apr 30 low). On the upside, above 1.4920, next resistance could lie at intra-day high 1.4980 and then 1.5050.According to Tim Salem, collaborator at FXstreet.com, rejection from 1.4980 could drive the

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GBP/USD: Pound pulls down to 1.5200 from 1.5330 intra-day top

FXstreet.com (Barcelona) ? The Pound seems to have found a rather tough resistance area at 1.5330/50; GBP/USD has broken intra-day low at 1.5240 after being rejected at 1.5330.The Swiss e Trade Strategy Team, anticipates the Pound?s correction: ?Retreating from resistance at 1.5350, cable is currently priced at 1.5270 in early European trading. We do not expect much upside potential today and rather project a downmove to the 1.5200 level.?Next support level comes at 1.5200 and below here, 1.5145/55 and

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Forex: GBP/USD: Pound picks up from three-weeks low at 1.4465

FXstreet.com (Barcelona) ? The Pound fell on Monday from 1.4785 opening price to a three weeks low at 1.4465 reached on early Asian session on Tuesday, afterwards the Sterling has managed to climb to 1.4575 intra-day high. At the moment, the Pound remains below 1.4580 level (Apr 7 and 9 low), and above here the pair could face resistance at 1.4605 (Apr13 low) and 1.4665/80 level. On the downside, 1.4500 and 1.4465 fresh three-week low, and below here, next support

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