GBPUSD (1.2833): The British pound was seen trading rather muted on Friday. After price action tested the support level of 1.2808, the GBPUSD has been trading flat here. There is a risk that the currency pair could break down below this support level. However, from the daily chart, the GBPUSD is currently trading near the support area of 1.2808 – 1.2683. Therefore, the declines are likely to be limited
