Pound has recovered some upside momentum during European session, but hourly indicators suggest pair has found a top around 1.6250 resistance level. Indicators point for a downside movement to come, with 1.6180 as first support to consider. Bigger time frames show pair upside movement has halted exactly at the 20 SMA in 4 hours charts, suggesting further upside movements will remain limited.
Support levels: 1.6180 1.6145 1.6110
Resistance levels: 1.6220 1.6250 1.6300
Follow the markets with 

