GBP/USD wobbles around 1.33 ahead of data
Sterling keeps the firm fashion on Monday, sending GBP/USD to the boundaries of 1.3300 the figure ahead of UK data.
GBP/USD stronger pre-PMI
The pair is consolidating last week’s drop from highs around 1.3530 sparked after Governor M.Carney hinted at the likeliness of further easing over the summer in light of the recent decision by the UK to leave the European Union.
Later in the session UK’s construction PMI is due, while the more relevant Services PMI, the BoE’s Financial Stability Report and M.Carney’s speech will all take centre stage tomorrow.
GBP/USD levels to consider
As of writing the pair is gaining 0.19% at 1.3291 and a break above 1.3533 (high Jun.29) would aim for 1.3833 (previous 2016 low Feb.29) and finally 1.4004 (low Apr.6). On the other hand, the immediate support aligns at1.3224 (post-Brexit low Jun.24) followed by 1.3118 (2016 low Jun.27) and then 1.3000 (psychological level).