After huge selloff during last week, GBPUSD reached 1.3850 support. At this area we observe lows from 2009 and since the beginning of current week area caused a rebound. The goal for market demand side won’t be easy because price is in downtrend, however after so big selloff rebound’s range might be big. Currently price reached first resistance at 1.4080 and bulls aren’t giving up. Next resistance is located at 1.4200 but really significant level is located at 1.4400.
