The British pound continues to trade above the 1.3300 resistance level against the US dollar as the breakout move higher in the pair gathers pace. The GBPUSD pair has a strong bullish momentum while trading above the 1.3300 level, although the overall intraday bias remains in place while price trades above the 1.3230 level. The 1.3400 level currently offers the strongest form of technical resistance above the current monthly high, at 1.3349.
The GBPUSD pair has a bullish bias while trading above the 1.3230 level, key technical resistance is found at the 1.3349 and 1.3400 levels
If the GBPUSD pair trades below the 1.3230 level, sellers may test towards the 1.3200 and 1.3160 support levels.
