GBP/USD pushing closer to 1.33- where is the next level?

In many recent updates and before that the outlook for the GBP/USD to surprise many Sterling bears has been highlighted here. Well, as you look at the screen right now you can see the Pound is pressing ever closer to the 1.33 handle. The well noted next level is still at 1.3434 and remains the case again today. As you can see, the Pound is creeping ever closer to this level and given the immediate news and capital flows, it is clearly the recipient of significant inflow, albeit due to the weakness of the dollar. So, will we see 1.3434 today? At this stage it looks unlikely to be honest and it seems a break above that level is more likely to tie in with any more above 1.15 in the EUR/USD, baring no further immediate downside in the EUR/GBP. The outlook for the US currency remains bleak though, but we should remember that Trump has it within his grasp to change that. At the same time he seems hellbent on not backing down. A break above 1.3434 from here does open the possibility for an even large upside move over time. The GBP/USD is right now at 1.3285