GBP/USD continues its attempts to settle below the nearest support level at 1.2355 – 1.2370 amid lack of strong catalysts. There are no important economic reports scheduled to be released in the UK today, so traders will remain focused on general market sentiment.
A move below the 1.2355 level will push GBP/USD towards the next support level at 1.2250 – 1.2265.