The British pound is moving lower against the US dollar on Friday after sellers forced price under the 1.3190 support level. The GBPUSD pair is at risk of correcting back towards the 1.3000 support level while trading under the 1.3190 resistance area. Traders may also turn more bearish towards the GBPUSD pair now after buyers failed to rally price towards the 1.3375 level.
The GBPUSD pair is only bullish while trading above the 1.3190 level, further upside towards the 1.3230 and 1.3280 levels then seems possible.
If the GBPUSD pair trades below the 1.3190 level, key support is found at the 1.3100 and 1.3000 levels.
