During the trading session yesterday the American currency strengthened versus the euro amid the report of the Bureau of Economic Analysis (BEA) about a performance improvement on the consumption sector in the economy of the USA. The actual release showed that the indicator Personal Spending on monthly basis which improved to 0.4% previously estimated to rise to 0.4% from the value at the previous period of 0.0%. The GBP-USD pair was trading within the range of 1.5542.
The important intraday trading levels for today are:
Breakout Buy level : 1.2724.
Strong Resistance : 1.2716.
Original Resistance : 1.2704.
Inner Sell Area : 1.2692.
Target Inner Area : 1.2662.
Inner Buy Area : 1.2632.
Original Support : 1.262.
Strong Support : 1.2608.
Breakout Sell level : 1.2600.
