Current price of gbpusd

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GBP/USD recaptures 1.3900 amid upbeat temper, ahead of US ISM

From a technical angle, the emergence of a few dip-buying on Monday favours bullish investors. However, investors are probable to watch for a sustained strength past the choices 1.3975-eighty supply area before positioning for any in addition appreciating move. The pair would possibly then surpass the choices 1.4000 mental mark and purpose to test the next relevant hurdle close to the 1.4070 place. This is observed via the 1.4100 mark, which if cleared decisively will set the stage for an extension of the choices recent strong rebound from multi-month lows, across the 1.3570 region touched on July 20.

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