GBPUSD (1.3567): The British pound remained stuck near the 1.3530 level which marks a whole week of consolidation at the price level. Given the fact that the GBPUSD has failed to rebound off this level or break down below this level, we expect to see a near term direction being established. To the upside, price action could post a strong correction with the dynamic trend line acting as resistance all the way to the horizontal resistance at 1.3900. To the downside, a break down below 1.3530 could trigger GBPUSD to test the 1.3500 level of support
