GBPUSD Movement
For the 24 hours to 23:00 GMT, GBP rose 0.65% against the USD on Friday and closed at 1.6230.
In the UK, the Rightmove House Price Index rose by 0.8% (M-o-M) in March from 3.1% increase in February.
The pair opened the Asian session at 1.6221, and is trading at 1.6205 at 4.00GMT. The pair is trading 0.15% lower from the New York session close.
The pair has its first short term resistance at 1.6289, followed by the next resistance at 1.6373. The first support is at 1.6088, with the subsequent support at 1.5971.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
