Technical analytics

GBP/USD

GBPUSD

The pound remained weak on Monday. The GBP/USD spent the first part of the day hovering above 1.3500. The selling pressure increased in the mid-European session and the sterling slowly started losing its value. The resistance lies at 1.3600, the support comes in at 1.3500.

The growing selling pressure is pointing a possible break below 1.3500 in the upcoming sessions

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