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GBP/USD rises above 1.3345 resistance as EUR/GBP edges lower
The GBP/USD has now taken out a previously noted resistance level, at 1.3345. That price point has been capping the topside since last Thursday and the break above that level has now delivered an upside extension to 1.3375 a short while ago. One main driver for this has been a relapse in the EUR/GBP. That has now fallen below 0.8475. The next potential support level on that cross is in place at 0.8447 (50 day moving average). The GBP/USD is just now trading at 1.3370
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