GBPUSD (1.4011): The British pound maintained gains with price rising to a four-day high as the GBPUSD managed to recover back to the previously established range. The resistance level at 1.4037 is likely to be tested once again in the near term. Further gains can be expected only on a strong close above the resistance level. Meanwhile, as long as the resistance holds, the GBPUSD could be seen maintaining a sideways range within the levels mentioned
: The British pound maintained gains with price rising to a four-day high as the GBPUSD managed to recover back to the previously established range. The resistance level at 1.4037 is likely to be tested once again in the near term. Further gains can be expected only on a strong close above the resistance level. Meanwhile, as long as the resistance holds, the GBPUSD could be seen maintaining a sideways range within the levels mentioned){kind=link}