GBP supported on poor US data

FXStreet (Guatemala) - GBP/USD has been above the 200 DMA again and was through onto the 1.67 handle prior to the poor Consumer Confidence data from the US.

Consumer Confidence came in below expectations and previous month. The data for February read 78.1 vs 80.0 expected and 79.4 previous.

GBP/USD Levels

The 20 DMA is 1.6529, the 50 DMA is 1.6475 and the 200 DMA is 1.5910. RSI (14) reads 64.11. Supports are ascending from 1.6510, 1.6538, 1.6559, 1.6583, 1.6600 (fib support) and 1.6679. Spot is 1.6717 with resistances at 1.6745 and 1.6757.