GBP/USD regains 1.3300

GBP/USD continued to inch higher during the New York session and managed to regain the 1.33 mark, printing fresh daily highs in recent dealings. 

GBP/USD bounced from a low of 1.3234 scored during the European trade, and climbed nearly a full cent toward a high of 1.3326. The pair however, faltered ahead of Friday’s highs and it was last trading at the 1.3310 area, still up 0.28% on the day.

Investors attention remains in a string of UK fundamental data to be published throughout the week, including August inflation figures, unemployment data and retail sales coupled with the BoE monetary policy decision on Thursday. 

GBP/USD technical levels

As for technical levels, immediate resistances could be found at 1.3335 (Sep 9 high), 1.3374 (Sep 8 high)and 1.3400 (psychological level). On the flip side, supports are seen at 1.3234 (Sep 12 low), 1.3200 (20-day SMA/psychological level) and 1.3146 (50-day SMA).