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FxWirePro: GBP/USD stuck in range but maintains bearish bias 
- EUR/USD remains capped below 1.1100, extends declines for the fourth straight session on Monday, bearish tone intact.
- USD bulls remain supported by positive US data released on Friday which further reinforced Sept rate hike expectations.
- No significant data to watch in the European session, while crucial US CPI data due later this week may provide further insights into the Fed rate hike timing.
- EUR/USD is currently trading at 1.1086, with immediate resistance at 1.1123 (Aug 16 High) and then 1.1189 (Daily High Aug 13 & 14).
- On the flip side, support is seen at 1.1081 (Daily Low Aug 13), below which it could extend losses to 1.1031 (Tenkan-Sen).
R1: 1.1123 (Aug 16 High)
R2: 1.1189 (Daily High Aug 13 & 14)
R3: 1.1215 (Daily High Aug 12)
Support Levels:
S1: 1.1081 (Daily Low Aug 13)
S2: 1.1031 (Tenkan-Sen)
S3: 1.1024 (Daily Low Aug 12)
