GBPUSD Movement
For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3387.
In the Asian session, at GMT0400, the pair is trading at 1.3396, with the GBP trading 0.07% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3351, and a fall through could take it to the next support level of 1.3305. The pair is expected to find its first resistance at 1.3422, and a rise through could take it to the next resistance level of 1.3447.
Trading trend in the Pound today is expected to be determined by a speech from the Bank of England (BoE) Governor, Mark Carney, due later in the day.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
