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GBP/USD rejected by 1.6655; falls to test daily lows

FXStreet (San Francisco) - The Sterling was rejected by the 1.6655 area against the US Dollar and now it is trading around 1.6610, just across the 55-hour MA level.

The GBP/USD is currently trading at 1.6615, 0.16% negative on the day. The short term perspective remains slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic and the MACD are neutral.

GBP/USD levels

Today's central pivot point lies at 1.6630, below this level the GBP/USD would find supports at 1.6600 and 1.6555. On the upside, resistances are at 1.6650, 1.6660 and 1.6715.

US Chicago Purchasing Managers' Index came in at 55.9 disappointing forecasts (58.5) in March

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