GBPUSD MINOR PULLBACK ON BREXIT HEADLINES
The British pound has moved slightly lower against the US dollar after EU trade officials said they would not be issuing any further statements on Brexit. The GBPUSD pair has reversed from the 1.3168 level but remains intraday bullish while trading above the 1.3040 level. Buyers will attempt to move price towards the 1.3205 level, while short-term sellers need to break the 1.3100 level.
The GBPUSD pair is bullish while trading above the 1.3100 level, key resistance is found at the 1.3168 and 1.3205 levels.
If the GBPUSD pair moves below the 1.3100 level, key support is now found at the 1.3060 and 1.3040 levels.