The cable is trading back above 1.37 amid upbeat market mood after some positive updates regarding the US fiscal stimulus. Additionally, UK’s 600,000 vaccinations a day boosted the risk sentiment, which could support higher prices for the Sterling. Bulls need to break above 1.3745 to open doors for a possible 1.38 retest.
Support: 1.37 / 1.3640
Resistance: 1.3745 / 1.38
