The British pound sterling is giving back the gains made earlier. The volatility stems as Brexit negotiations drag on with no clear plan yet.
The GBPUSD is currently settled within 1.3483 and 1.3300 levels. While the lower end of the range was briefly tested earlier this week, it has held up.
The current pace of declines could see the 1.3300 support level coming under pressure once again.
If the cable loses this support, then we could expect to see further declines.
The next key support level is near 1.3122.