GBPUSD was able to close in a bullish note yesterday after the price touched low around 1.3120 on the news that European Union could offer Britain a two-year transitional Brexit deal and help in avoiding Hard Brexit. Technically, the pair is now facing some resistance near the 1.3325/50 zone which also consist of the Fib 50.0% retracement of the recent fall. A break above this zone could take the price to the next resistance around 1.3400/20. On the downside, support is seen at 1.3245/35 (200 SMA), a break of this level will lead price to the next support around 1.3170.
Support: 1.3245/35 & 1.3170.
Resistance: 1.3325/50 & 1.3400/20.