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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/USD stuck in range but maintains bearish bias 
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- Pair is currently trading around 1.3632 marks.
- It made intraday high at 1.3671and low at 1.3613 levels.
- Intraday bias remains bearish for the moment.
- Pair breaks initial support level at 1.3720 and dragged the parity down towards 7- month low at 1.3611 marks (July 2015 low).
- A break below 1.3611 will tests the next support at 1.3486 marks.
- Alternatively, reversal from key support will drag the parity up towards 1.3723 marks.
- On the other side, a sustained break above 1.3817 is required to confirm some more upside movement and drag the parity towards initial resistances at 1.3842/1.3895/1.3964 marks thereafter.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
