- Possibility of no-deal Brexit
- GBP/USD testing key level
Price Movement
Since yesterday, GBP/USD moved up by around 40pips before moving back down by around 80pips.
Trend
GBP/USD is ranging across.
Important Issue
Yesterday, the U.K. House of Commons voted to reject the Opposition Day Business of the House Motion (Ayes: 298, Noes: 309), a motion that prevents a no deal Brexit.
Technical
GBP/USD is testing the 1.27 key level.
Price Levels
Current Price: 1.26781
Next Resistance: 1.27431
Next Support: 1.25622
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