The British pound under is pressure against the US dollar currency, with the pair now trading below the 1.3200 support level. Weakness below the 1.3080 level could encourage sellers to test towards the pivotal 1.3000 support level. GBPUSD bulls need to move price above the 1.3200 level to keep the short-term bullish bias surrounding the pair.
The GBPUSD pair is only bullish while trading above the 1.3200 level, further upside towards the 1.3300 and 1.3375 levels then seems possible.
If the GBPUSD pair trades below the 1.3200 level, key support is found at the 1.3080 and 1.3000 levels.
