GBP/USD Current price: 1.6570

FXstreet.com (Buenos Aires) – GBP/USD Current price: 1.6570. Consolidating in a small range in the hourly pair needs to clear the 1.6560 zone to confirm a downside correction. Slightly bearish in the hourly, under mentioned level next support will come at the 20 SMA around 1.6510.

“4 hours charts suggest correction could extend a good number of pips as the pair reached extreme conditions after these last sessions rally,” said Valeria Bednarik, collaborator at FXstreet.com .

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