Get and stay below 1.4011 eyed by traders now

The GBPUSD took a look below the 1.4011 area in trading before the US data but failed. The price is back above the level and is holding the level on dips. The 1.4011 area is the home to the 50% and a number of swing lows. A break below would be more bearish. Staying above, gives the dip buyers some comfort.