A strong USD in Thursday's trading puts pressure on the GBP

Short

British Pound / U.S. Dollar (FOREXCOM:GBPUSD)

FOREXCOM:GBPUSD British Pound / U.S. Dollar

The GBP/USD currency pair is in focus. Prices remain in a bearish trend channel on a 15-min chart. The 1.225 level above should act as resistance on the decline. Look for a continuation lower towards 1.2185 support and ultimately 1.215. A break above 1.225 may lead the pair higher towards 1.2295.

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