GBPUSD Daily Analysis – April 23, 2014

GBPUSD is facing 1.6841 resistance, a break above this level will signal resumption of the uptrend from 1.6465, then the following upward movement could bring price to 1.7000 area. Near term support is now at 1.6770, only break below this level could trigger another fall to test 1.6660 key support.

gbpusd chart