GBPUSD NOW INTRADAY BEARISH BELOW 1.3400
The British pound has reversed lower against the US dollar, following the release of much weaker than expected monthly Industrial Production and Manufacturing numbers from the United Kingdom economy. The GBPUSD pair currently trades around the 1.3365 level, with further intraday losses likely if the key 1.3352 support level is broken. Traders now look towards a key bond auction in the United States and the upcoming talks between US President Trump and the North Korean leader Kim Jong-un.
The GBPUSD pair is intraday bearish while trading below the 1.3400 level, key support is located at the 1.3352 and 1.3300 levels.
If the GBPUSD pair moves above the 1.3400 level, key technical resistance is found at the 1.3425 and 1.3450 levels.