GBP/USD next hurdle is located at 1.4665 – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the next resistance levels in the pair.

Key Quotes

“GBP/USD’s outlook is positive following the retest and recovery off the triangle support”.

“The next resistance lies at 1.4665 and this guards 1.4798, the 200 day ma. The upside measured target from the triangle is 1.5085”.