GBPUSD LOWER OVER BEARISH BREXIT NEWS
The British pound has fallen towards the 1.3200 support level against the US dollar, as bearish Brexit headlines surfaced surrounding the Customs Union during the European trading session. A clear technical break below the 1.3180 level exposes further intraday losses for the GBPUSD pair towards the 1.3155 level. Buyers will attempt to break the 1.3258 level, while sellers will look to move price below the 1.3200 level.
The GBPUSD pair remains bullish while trading above the 1.3180 level, key resistance is found at the 1.3258 and 1.3297 levels.
If the GBPUSD pair moves below the 1.3180 level, key support is found at the 1.3155 and 1.3122 levels.