In case U.S. Dollar Index settles below the support level at 100.20 – 100.40, it will head towards the 50 MA at 99.81.
GBP/USD tests resistance at 1.3300 – 1.3320 as traders focus on general weakness of the U.S. dollar.
If GBP/USD climbs above the 1.3320 level, it will move towards the resistance at 1.3400 – 1.3420.
GBP/USD 120525 4h Chart
