GBP/USD on the march

FXstreet.com (London) - GBP/USD has traded as high as 1.6434 on a run after Carney said economic news had been positive when the pound took the dollar through the handle. This speech has been particularly of interest because this was his first full speech since the BoE improved its growth outlook in the November inflation report.

GBP/USD Levels

The 20 DMA is 1.6203, the 50 DMA is 1.6129 and the 200 DMA is 1.5570. RSI (14) reads 59.32. Supports are ascending from 1.6255, 1.6277, 1.6294, 1.6318, 1.6338 and 1.6400. Spot is currently 1.6430 while resistances are 1.6443 and 1.6475.