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Forex: GBP/USD consolidates gains near highs

FXstreet.com (Córdoba) - Following a short-lived correction, the British pound found support and is back headed north, approaching daily highs versus the greenback.

GBP/USD was rejected from a 2-month high of 1.5479, level reached in the wake of the UK GDP surprise, but the subsequent dip was contained by the 1.5430 zone. At time of writing, GBP/USD is quoting around 1.5440/45, still up 1.1% on the day.

On the upside, next resistances could be found at 1.5479 (daily high) and 1.5500 (psychological level). On the downside, supports are seen at 1.5430 (intraday level), 1.5400 (psychological level) and 1.5380 (21-hour SMA).

Forex Flash: EUR/USD down to 1.25 in medium-term – Scotiabank

Strange day for the shared currency so far, making it all the way to 1.3080 just to fall since then to session lows around 1.2990 despite the context favouring the risk appetite...
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Budesbank rejects OMT at German constitutional court

In a secret document sent to the German constitutional court, ECB Weidmann has rejected the purchases of government bonds via OMT, according to news published by the German Newspaper Handelsblatt.
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