For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.4002.
In the Asian session, at GMT0400, the pair is trading at 1.3973, with the GBP trading 0.21% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3939, and a fall through could take it to the next support level of 1.3905. The pair is expected to find its first resistance at 1.4027, and a rise through could take it to the next resistance level of 1.4081.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
