GBP/USD Update


•After yesterday’s bull run GBP/USD consolidating in a narrow range and currently trading around 1.3555.

•On the higher side, the long-term trend line from the 2014 high act as a near term resistance and any consistent break above this trend line will take the price to 1.3700.

•Key support for the pair comes in at 1.3445 [September 2016 high].

Market awaits UK PM Theresa May's speech on Brexit later today for further direction.