GBPUSD (1.3309): The British pound maintained the strong gains yesterday. The gains came as the UK’s parliament voted on the new Brexit bill. The faster than expected inflation data also added to the bullish sentiment. Having cleared the 1.3300 level, the British pound could be seen posting higher gains. However, watch for a potential retest towards 1.3236 levels which could now be tested for support. This level initially served as resistance, but the price action shows the strong breach of this resistance which came on the back of the inflation data. Thus, it is quite likely that the GBPUSD could be seen falling back to this support level ahead of maintaining further gains. In the event that GBPUSD slips below 1.3236, then expect prices to consolidate above the support level of 1.3161
