The Pound Sterling is currently trading around 1.3261. The 14-day Relative Strength Index (RSI) is struggling to climb back above the 40.00 level.
If the RSI continues its downward trend, a fresh bearish momentum may emerge, potentially pushing the price lower. On the downside, the April low near 1.2700 is expected to act as a key support zone.
Conversely, on the upside, the October 28 high around 1.3370 will serve as a significant resistance barrier. Traders should watch these levels closely for potential market reactions.
https://bitcoinethereumnews.com/finance/pound-sterling-faces-pressure-on-modest-uk-q3-gdp-growth/