GBP/USD clings to 1.3300

GBP/USD has moved directionless around the 1.33 mark during most of the day, with the pair unable to set fresh direction following mixed UK data.

GBP/USD made an upside attempt at the 1.3335 area but was rejected and dipped to the 1.3285 region afterwards. Ahead of the Wall Street opening, Cable is back around 1.3300, only a few pips above its opening price.

On the data front, UK trade deficit came in wider than expected for July, at -£11.76 billion, while construction output was flat versus -0.5% expected. 

GBP/USD levels to consider

As for technical levels, immediate supports are seen at 1.3282 (Sep 8 low), 1.3251/55 (Sep 2 low/10-day SMA) and 1.3181 (20-day SMA). On the other hand, resistances could be found at 1.3374 (Sep 8 high), 1.3437/44 (Sep 7 & 6 highs), 1.3480 (Jul 15 high) and 1.3532 (Jun 29 high).