The British pound has moved higher against the U.S dollar during the European trading session, reaching an intraday trading high of 1.3915. Buying interest in the GBPUSD quickly accelerated after the pair broke through the 1.3880 level, encouraging further upside towards the 2018 price-high. Financial markets will now turn their attention to a potential resolution of the United States government shutdown, during the upcoming U.S trading session.
The GBPUSD pair has turned bullish above the 1.3880 level, key upside targets remain 1.3944 and the 1.4000 level.
Should price-action on the GBPUSD pair start to trade below the 1.3880 level for an extended period, sellers may test towards the 1.3850 and 1.3810 support zones.
