U.S Dollar gains against GBP


* The U.S. Dollar Index managed to settle above 92.15.
* GBP/USD floats under selling pressure.
* UK BRC Retail Sales Monitor(YOY) showed at 1.5%
* U.K Inflation Report hearing is to release.

The pair has fallen below its 20 and 200 SMAs. The Pair will open the way to the Re-test of the next support at 1.3766, If GBP/USD declines below this level, it will head towards the support at 1.3733.

On the upside, a move above 1.3800 zone will push GBP/USD towards the resistance level which has recently emerged at 1.3860 above.


Trend Analysis

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