GBPUSD (1.3856):The British pound was seen closing with gains on Friday but price action was seen trading below the 1.3902 level which is acting as support. Failure to breakout above this level on the daily basis could keep GBPUSD biased to the downside. The retest of support level near 1.3611 – 1.3590 is expected but this could change in the event of a close above 1.3902 which could see GBPUSD pushing higher to test 1.4060 level.
