GBP/USD
The pound recorded a dynamic session against the dollar on Wednesday. Ultimately the opening price was close to closing proce, respectively, 1.4302 and 1.4289. The trend was extremely volatile - the daily peak was reached at 1.4338 and the bottom was hit 103 pips lower. As a result, the support at 1.4242 was breached, but the pair finished above its levels. If bearish sentiment prevail, GBP/USD will move to the second support at 1.4204.
Support: 1.4242; 1.4204
Resistance: 1.4444; 1.4578;
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