Forex: GBP/USD: Pound bounces at 1.6370 to test 1.6475
Thu, Jun 11 2009, 09:21 GMT
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FXstreet.com (Barcelona) - The Pound has bounced at 1.6370 after the BoE released its CPI expectations and the pair has rallied to test yesterday's high at 1.6475 reaching levels right below 1.6500.
In case of breaking above here, next resistance levels would be at 1.6500 and above here, 1.6550 and 1.6600. On the downside, support levels could be at previous intra-day high 1.6435, and below there, 1.6370 and intra-day low at 1.6335.

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