FXstreet.com (Barcelona) - The upside attempt above 1.6000 seen in the London opening found resistance at 1.6015/17 area and the GBP/USD wasn't able to hold there, easing back to the psychological level.
There is no particular UK data in the economic calendar, and besides of the already released industrial production in European countries, the calendar is pretty much empty ahead of the NY session with Fed's Beige Book and the US 10-year bond auction. Fed officials will have their say near the NY closing time.
“The bias continues to be negative with an initial target at 1.5930”, wrote Deltastock.com analyst Stoyan Mihaylov, pointing to 1.6045 as key resistance which break above would mean a bottom at 1.5976.
There is no particular UK data in the economic calendar, and besides of the already released industrial production in European countries, the calendar is pretty much empty ahead of the NY session with Fed's Beige Book and the US 10-year bond auction. Fed officials will have their say near the NY closing time.
“The bias continues to be negative with an initial target at 1.5930”, wrote Deltastock.com analyst Stoyan Mihaylov, pointing to 1.6045 as key resistance which break above would mean a bottom at 1.5976.
