GBP/USD Analysis:
On Monday, the US Dow fell below 10,000 since 2009. It was after some annoucement that Greece will pull through, that gave some hope yesterday to boost it back to a +150 points.
The Euro and the pound also gain as a result.
However, the pound still has a lot of major resistance to clear below we see any bullish movement. The first is 1.574, then 1.586.
The hind side is that pound has already break the 1.57 support line and it is venerable for a break towards 1.54, the next major support.
There are not any major news supporting that the pound can move up. Most likely it will today for some profit taking.
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