Another Up Day Likely For GBP/USD

Another up day likely for GBP/USD, says Barclays Capital, before it pulls back again. Now at 1.5344, the bank pegs near-term resistance levels at 1.5410 and 1.5425, where it expects to see renewed selling interest. Although a break above 1.5425 warns of a stronger bounce underway to the 1.55 area. GBP/USD now at 1.5348