GBP/USD remains on the back foot around 1.3840-45 amid the initial Asian session on Tuesday. The cable stepped back from a confluence of the monthly resistance line and 50-DMA the previous day to consolidate Friday's gains. While the risk-off mood joins Brexit headlines to weigh on the GBP/USD prices, the pair sellers await monthly employment data from the UK for fresh impulse. Read More ... The GBP/USD pair bottomed for the day at 1.3827, recovering some ground in the American afternoon to end the day at around 1.

https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-consolidates-fridays-gains-following-a-downbeat-week-start-202108170222

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