GBPUSD FURTHER BULLISH ABOVE 1.3255 LEVEL
The British Pound continues to advance higher against the greenback on Monday, as the U.S. Dollar comes under broad-based selling pressure. Sterling traders now await further news from the UK, as British Prime Minister Theresa May tries to pass her Brexit customs agreement through parliament today. GBPUSD buyers will now look for further gains above the 1.3255 level, while sellers will look to target below the 1.3205 level.
The GBPUSD pair is bullish while trading above the 1.3255 level, key technical resistance is found at the 1.3280 and 1.330 levels.
If the GBPUSD pair starts to decline below the 1.3235 level, sellers will likely target the 1.3205 and 1.3155 support levels.