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GBP/USD back above 1.34 now today and here is the next technical level to note

Since an update here earlier noted how the Pound was outperforming it peers, the EUR/USD has caught up and it has continued to edge closer to the 1.1576. The high seen so far has been set at 1.1574, so as you can see it is real close now. 

Meantime, the GBP/USD has continued to forge higher and it has now lifted above the 1.34 handle. That brings the Pound back close to its 200 day moving average once again. That is still in place right now at 1.3420. The high seen so far has just been set at 1.3406. 

So, as you can see, that 1.3420 has not been put to the test yet, but it is not far away now and clearly the next potential resistance level of note now today. The GBP/USD is currently trading at 1.3403
 

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