For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.3940 on Friday.
In the Asian session, at GMT0400, the pair is trading at 1.3930, with the GBP trading 0.07% lower against the USD from Friday’s close.
Overnight data showed that UK’s Rightmove house price index climbed 1.5% on a monthly basis in March, following a gain of 0.8% in the prior month.
The pair is expected to find support at 1.3887, and a fall through could take it to the next support level of 1.3843. The pair is expected to find its first resistance at 1.3977, and a rise through could take it to the next resistance level of 1.4023.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
