20 Mar 2015
GBP/USD breaks above 1.4900
FXStreet (Edinburgh) - The sterling is following the rest of the riskier assets on Friday, now pushing GBP/USD to session highs in the 1.4900 neighbourhood.
GBP/USD bolstered by Greece news
The better sentiment around Greece keeps bolstering the risk appetite today, with the pair climbing from session troughs around 1.4720 to the current 1.4900/10 band.
Still with Greece, German Chancellor A.Merkel will meet PM A.Tsipras in Berlin on Monday to discuss the Greek reforms package. Tsipras has argued that the country will not implement any measure considered recessionary amidst considerations of a ‘humanitarian crisis’ in the Hellenic country.
GBP/USD key levels
The pair is now advancing 0.96% at 1.4893 with the next up barrier at 1.5000 (psychological level) ahead of 1.5155 (high Mar.18) and then 1.5196 (daily cloud base). On the flip side, a breakdown of 1.4689 (low Mar.19) would aim for 1.4635 (57-month low Mar.18) and finally 1.4505 (low Jun.11 2010).
GBP/USD bolstered by Greece news
The better sentiment around Greece keeps bolstering the risk appetite today, with the pair climbing from session troughs around 1.4720 to the current 1.4900/10 band.
Still with Greece, German Chancellor A.Merkel will meet PM A.Tsipras in Berlin on Monday to discuss the Greek reforms package. Tsipras has argued that the country will not implement any measure considered recessionary amidst considerations of a ‘humanitarian crisis’ in the Hellenic country.
GBP/USD key levels
The pair is now advancing 0.96% at 1.4893 with the next up barrier at 1.5000 (psychological level) ahead of 1.5155 (high Mar.18) and then 1.5196 (daily cloud base). On the flip side, a breakdown of 1.4689 (low Mar.19) would aim for 1.4635 (57-month low Mar.18) and finally 1.4505 (low Jun.11 2010).