GBPUSD has become volatile and still residing inside the ranges of 1.4080 to 1.4200 area. GBPUSD remains below 1.4200 resistance level.
GBPUSD has become volatile and currently residing inside the ranges of 1.3670 to 1.4000 area. GBPUSD sustains below 1.4000 resistance level.
GBPUSD has become impulsive and non-volatile after bouncing from 1.3650 to 1.3700 support level. GBPUSD is facing resistance.
The British pound is under pressure against the US dollar after the pair was strongly rejected from the pivotal 1.3100 resistance level.
The GBPUSD is trading back towards the lower end of its recent trading range against the USD as the UK approaches its Brexit deadline this week.
The British pound has fallen against the US dollar after British PM Theresa May failed to find the backing for a vote on her Brexit bill in UK Parliament.
In this GBPUSD technical outlook, the pair struggled to capitalize on the Asian session bounce and dropped to fresh one-week lows, below mid-1.3100s in the last hour.