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GBP/USD over eight-and-a-half cents above recent low

Wednesday, April 29, 2015 2:18 PM UTC

GBP/USD is now over eight-and-a-half cents above its recent 1.4567 low
Gains spurred by meagre 0.2% US Q1 GDP growth
Cable offers may emerge near 1.5450 & 1.55, inclusive of profit-take interest
1.5450 was Mar 2 high. 1.5554 (Feb 26 high) resistance beyond 1.55
FOMC statement 1800GMT, relatively dovish steer expected

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GBP/USD over eight-and-a-half cents above recent low

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