GBPUSD (1.3030): The GBPUSD currency pair tested the support at 1.3028 by Friday’s close. As expected, the support level seems to be holding for now. We could expect some consolidation taking place at this level in the near term. A potential break down below this support could push GBPUSD lower toward the 1.2808 level of support. However, we expect to see a modest rebound in price action taking place.
