Forex: GBP/USD above 1.5770 approaching 1.5800

FXstreet.com (Barcelona) - the pound builds momentum before the European session opening and the couple has 1.5770 above - yesterday's high and weekly pivot point - expand your recovery from 1.5650 support area, expressed so far to reach 1.5790 high.

If the pair managed above 1.57790 (October 25 high), next resistance levels could confirm 1.5830 (daily pivot point R2) and 1.5880 (Oct 20 high) .look of the flip side, levels of support to the 1.5685 / 90 (October 21 low/session low), and down here 1.5650 (October 22/22/25 low) and 1.5610 (daily pivot point S2).

GBP/JPY area on mid-September added decline from 135.00 yesterday a fresh 20 month low on the 126.45, and have adopted to achieve the above 127.00, 127.50 high before the European meeting on Asian session.

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