The Pound weakened slightly versus the Dollar as no news released yesterday due to banks holiday across Europe, which resulted low volatility and liquidity session. The GBP/USD has been trading downwards since April therefore the momentum is still bearish, the main resistance level on the daily graph is located at 1.4550. Overall, GBP/USD traded with a low of 1.4352 and with a high of 1.4528. Today, Revised GDP is expected at 0.3% vs. 0.2% prior.
GBP/USD - Last: 1.4365