GBPUSD RETAINS BULLISH BIAS ABOVE 1.3205
The British pound continues to move away from the 1.3290 level against the US dollar, as traders book profits ahead of the release of key Jobs and Wage data from the United Kingdom economy. The GBPUSD pair has recently failed to move price above the 1.3300 level, as ongoing Brexit concerns limit the upside in the British pound. Buyers will look to target the 1.3300 level once again, while sellers will look for a sustained break below the 1.3205 level.
The GBPUSD pair is intraday bullish while trading above the 1.3205 level, key technical resistance is found at the 1.3255 and 1.3300 levels.
If the GBPUSD pair falls below the 1.3205 level, sellers will likely target the 1.3155 and 1.3130 support levels.