The British currency has also managed to close near the highs, rising slightly above the level of 1.6000. As in the euro/dollar pair, the previous week started with a short-term decrease for the GBP/USD pair, caused by the bears' sales in order to pass the 58th figure. They failed to do it, but the pair bulls easily pushed the rate above the resistance level of 1.5900 and actively stormed the level of 1.6000. Even the bears' attempt to seize the initiative, which cause the pound's drop below 1.5900, failed to discourage the bulls and appeared to be a red rag to them, provoking the fresh sales of the pair, which is still at the 60th figure. The inability to confidently pass and stay above, will cause the attack of weakness, that could lead to the return of the GBP/USD pair to the support level at 1.5800.
