GBP/USD touches a low of 1.3344 on the day
The dollar is extending gains across the board and that has helped send cable to a low of 1.3344 on the day. Rejection this week at the 100-hour MA (red line) has proven crucial as buyers have been unable to regain any form of control in the pair still.
The next key support level to watch out for will be the 23 May low @ 1.3306 and the figure level @ 1.3300 with bids lined up.
In terms of risk events, we'll have the Q1 GDP second reading to come later at 0830 GMT.
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