GBP/USD still below 1.32 post-data
The British pound keeps the firm note on Friday, with GBP/USD navigating the proximity of 1.3180 area.
GBP/USD muted on data
The pair kept the daily range after mixed results from today’s UK docket showed Mortgage Lending, Net Lending to Individuals, M4 Money Supply and BoE Consumer Credit all coming in above expectations, while Mortgage Approvals failed to follow suit, coming in at 64.77K vs. 65.65K expected for the month of June.
In the meantime spot keeps the trade in the upper-1.3100s after hitting daily highs near 1.3215 during overnight trade.
GBP/USD levels to consider
As of writing the pair is gaining 0.18% at 1.3188 and a break above 1.3321 (23.6% Fibo of 1.5020-1.2796) would expose 1.3481 (high Jul.15) and finally 1.3535 (high Jun.29). On the other hand, the immediate support aligns at 1.3061 (low Jul.20) followed by 1.2849 (low Jul.11) and then 1.2797 (20916 low Jul.6).