GBP/USD is also moving lower as traders focus on general strength of the U.S. dollar.
The nearest support level for GBP/USD is located in the 1.3420 – 1.3440 range. A move below the 1.3420 level will push GBP/USD towards the next support at 1.3250 – 1.3270. RSI is in the moderate territory, so there is plenty of room to gain momentum in case the right catalysts emerge.
GBP/USD 290525 4h Chart
