Contributors Technical Analysis GBPUSD Intraday Bearish Below 1.3352

GBPUSD Intraday Bearish Below 1.3352

The British pound remains weak against the greenback in early Tuesday trading, as worse than expected UK economic data and a stronger US dollar weigh on sterling sentiment. The GBPUSD pair currently trades around the 1.3360 level, after finding interim technical support from the 1.3343 level. Traders now look towards the release of key Wage Earnings and Employment data from the United Kingdom economy.

The GBPUSD pair is bearish while trading below the 1.3352level, key technical support is now located at the 1.3343 and 1.3300 levels.

If the GBPUSD pair continues to hold above the 1.3352 level, buyers may test towards the 1.3400 and 1.3450 resistance levels.

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