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GBP/USD rises above 1.4600 ahead of FOMC minutes

By FXStreet GBP/USD extended gains above the 1.46 mark during the New York session as the pound continues to outperform after new Brexit polls showed that the “remain” vote is ahead.

GBP/USD rose further and reached its highest level in over two weeks at 1.4623 in recent dealings. At time of writing, GBP/USD is trading at 1.4608, recording an impressive 1.03% daily gain, ahead of the FOMC minutes release.

GBP/USD levels to consider

As for technical levels, next resistances are seen at 1.4637 (Apr 26 high), 1.4695 (May 2 high) and 1.4768 (May 3 high). On the flip side, supports could be found at 1.4395 (May 17 low) and 1.4343 (100-day SMA) ahead of 1.4299 (Apr 21 low).
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Source:: FX Street

      

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