Yesterday GBPUSD high was 1.3565 and low was 1.3400 overall movements is 165 pips. Today expecting bearish trend to continue and the first key resistance is 1.3511 and the key support is 1.3346. Keep an eye on Manufacturing Production monthly report and GDP quarterly report at 07:00 GMT for the United Kingdom. All of these are major economic event for this currency today. As today is Bank holiday in USA so we expect low volatility in USD.

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