FxWirePro: GBP/USD eases ahead of U.S.-Iran talks and Trump-Burnham meeting

• GBP/USD slipped lower on Tuesday as investors remained cautious ahead of potential U.S.-Iran talks, which could offer fresh signals on the direction of geopolitical tensions

• Investors are awaiting developments on potential US-Iran ​talks at the United Nations General Assembly this week after more supplies emerged through the strait over the weekend..

• UK Prime Minister Burnham is expected to meet U.S. President Donald Trump in New York for the first time today.

• Investors will be watching the meeting for comments on U.S.-UK relations, trade and broader geopolitical issues.

• GBP/USD has traded between 1.3361 and 1.3386 so far on Tuesday, keeping the pair within a relatively narrow range.

•   Immediate resistance is located at 1.3356 (38.2%fib), any close above will push the pair towards 1.3491(SMA 20)

•  Strong support is seen at 1.3300(Lower BB) and break below could take the pair towards 1.3174(23.6%fib)

  Recommendation: Good to sell around 1.3350 with stop loss of 1.3430 and target price of 1.3280