For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.3199.

In the Asian session, at GMT0300, the pair is trading at 1.3237, with the GBP trading 0.29% higher against the USD from yesterday’s close.

The pair is expected to find support at 1.3198, and a fall through could take it to the next support level of 1.3159. The pair is expected to find its first resistance at 1.3260, and a rise through could take it to the next resistance level of 1.3283.

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With no macroeconomic releases in Britain today, investor sentiment would be governed by global macroeconomic events.

The currency pair is trading above its 20 Hr and 50 Hr moving averages.

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