GBP/USD falls to daily lows after no-Greece-deal-today rumor

FXStreet (San Francisco) - The GBP/USD is currently trading lower as the pair is under pressure following rumors that say Greek official commented that Eurogroup is discussing unreasonable and unacceptable draft text insisting on extending bailout. "In these circumstances there cannot be a deal today."

The GBP/USD fell 40 pips from 1.5390 to break below 1.5360 and to trade as low as 1.5350. Currently, GBP/USD is trading at 1.5363, down 0.27% on the day, having posted a daily high at 1.5443 and low at 1.5355.

The FXStreet OB/OS Index is reflecting oversold hourly conditions, while the FXStreet Trend Index is slightly bearish.

GBP/USD levels

If the pair extends decline below 1.5350, it will find supports at 1.5315, 1.5300 and 1.5280. To the upside, resistances are at 1.5390, 1.5400 and 1.5420.