GBPUSD: The pair continues to retain its downside pressure as it looks to weaken further. Support lies at the 1.4000 level where a break will turn attention to the 1.3950 level. Further down, support lies at the 1.3900 level. Below here will set the stage for more weakness towards the 1.3850 level. Conversely, resistance stands at the 1.4050 levels with a turn above here allowing more strength to build up towards the 1.4100 level. Further out, resistance resides at the 1.4150 level followed by the 1.4200 level. On the whole, GBPUSD remains biased to downside on correction.
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