The British pound is under technical selling pressure against the US dollar, despite much better than expected Retail Sales data from the United Kingdom economy. The GBPUSD pair is intraday bearish while trading below the 1.3190 level and may soon target the important 1.3100 level. Overall, Brexit uncertainty continues to drive trading action, with the UK set to leave the European Union in just over weeks time.
The GBPUSD pair is bearish while trading below the 1.3190 level, key technical support is found at the 1.3155 and 1.3100 levels
If the GBPUSD pair trades above the 1.3190 level, buyers may test towards the 1.3240 and 1.3300 resistance levels.
