The US Dollar gained momentum across the board as Wall Street turned lower. The GBP/USD that was hovering above 1.5700, lost strength and retreated to 1.5685.

Currently the pair is attempting to rise back above 1.5700 and still holds daily gains but is off session highs, that lie at 1.5735.

"In terms of technical levels, supports are seen at 1.5671 and then at the 55DMA line at 1.5578. On the other hand, resistance levels are seen at 1.5727 which is the 21Day Upper Bollinger Level and then at 1.5775," says the Talking-Forex.com Team.


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