GBP/USD: main target is closest support
The main trend is still bullish, but the market is consolidating along the Moving Averages. It's likely that the pair is going to test the next resistance at 1.4144. However, if a pullback from this level happens little later on, there'll be a moment for a decline towards the 89 Moving Average.
The price is consolidating between the levels 1.3982 - 1.4095. The main intraday target is the closest support at 1.4049 - 1.4027, which could be a starting point for a bullish price movement in the direction of the next resistance at 1.4133 - 1.4144.
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
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