GBPUSD FURTHER GAINS EXPECTED ABOVE 1.3180
The British pound continues to benefit from weakness in the US dollar, with buyers now testing towards the current weekly trading high. The intraday bullish bias in the GBPUSD pair remains intact while price trades above the 1.3180 support level. Buyers will attempt to break the 1.3297 resistance level, while sellers will look to force the GBPUSD pair below the 1.3180 level to shift the intraday bias.
The GBPUSD pair is strongly bullish while trading above the 1.3180 level, key resistance is found at the 1.3245 and 1.3297 levels.
If the GBPUSD pair moves below the 1.3180 level, key support is found at the 1.3155 and 1.3110 levels.