GBPUSD 1.3000 hit
The British pound has fallen towards the 1.3000 level against the US dollar, following bearish fundamental news concerning Brexit. Sellers will be targeting the 1.2900 support level if the psychological 1.3000 support level is broken over the coming trading sessions. Any moves back towards the 1.3100 level are likely to be seen as a major opportunity for GBPUSD short-term sellers.
The GBPUSD pair is only bullish while trading above the 1.3155 level, further upside towards the 1.3190 and 1.3250 levels then seems possible.
If the GBPUSD pair trades below the 1.3155 level, key support is found at the 1.3000 and 1.2900 levels.