FXstreet.com (Barcelona) - After topping around the 1.5740 region, the sterling has slid back to the boundaries of 1.5700 as sentiment among investors is fading away on Friday.
Next on tap will be the flash Reuters/Michigan Consumer Sentiment Index in August. Prior surveys expect the headline to improve a hair to 72.4 from 72.3
GBP/USD is now losing 0.17% at 1.5709 with immediate support at 1.5671 (MA10d) ahead of 1.5636 (low Aug.16) then the psychological level at 1.5600 and 1.5578 (low Aug.10).
On the flip side, a breakout of 1.5739 (high Aug.17) would bring 1.5745 (high Aug.16) then 1.5750 (high Jul.30) and 1.5768 (high Jul.27).
Next on tap will be the flash Reuters/Michigan Consumer Sentiment Index in August. Prior surveys expect the headline to improve a hair to 72.4 from 72.3
GBP/USD is now losing 0.17% at 1.5709 with immediate support at 1.5671 (MA10d) ahead of 1.5636 (low Aug.16) then the psychological level at 1.5600 and 1.5578 (low Aug.10).
On the flip side, a breakout of 1.5739 (high Aug.17) would bring 1.5745 (high Aug.16) then 1.5750 (high Jul.30) and 1.5768 (high Jul.27).
