GBP/USD Current level – 1.3418

Like most of the major currency pairs, the pound also lost ground against the U.S. dollar during last week. The bears lost momentum around the support zone of 1.3360, where the bulls intervened and tested the resistance of 1.3427. The current breach of the mentioned resistance cannot be considered as completed and, in case we do not receive confirmation, the most probable scenario would be for a second reduction and a test of the 1.3360 support area.

resistance
intradayintraweek
1.34271.3600
1.35501.3690
support
intradayintraweek
1.33601.3200
1.32901.3200

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