Technical analysts at Mizuho Corporate Bank note that the British pound made yesterday a small «spike high» at 1.5820 on the daily chart and the rate got below the bottom of the rising daily Ichimoku Cloud. In their view, today the pair GBP/USD will be consolidating below 1.5800. The specialists note that sterling may be supported by the 9-day MA.



Chart. Daily GBP/USD

More info about FBS