For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.3965.
In the Asian session, at GMT0400, the pair is trading at 1.3981, with the GBP trading 0.11% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3940, and a fall through could take it to the next support level of 1.3900. The pair is expected to find its first resistance at 1.4007, and a rise through could take it to the next resistance level of 1.4034.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.