GBP/USD returns on 1.5500

FXstreet.com (Cordoba) - the GBP/USD has stabilized above 1.5500 after briefly falling below the psychological level as a result of the US employment report.UU.

GBP/USD bottomed out at 1.5486 at the beginning of the session in New York, but found support and bounced to the dollar was giving profits. At the time of writing, GBP/USD is trading at 1.5525 area, still a 0.4% down on the day.

In terms of technical standards, upside resistance seen in 1.5575 (average of 20 hours) and 1.5615 (daily maximum), ahead of 1.5681 (maximum 6 June). Downward, the brackets could face at 1.5485 (minimum day) and 1.5400/10 (psychologically / maximum 5 June).

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