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GBP/USD Outlook (15th March 2019)

British Pound / U.S. Dollar (FX:GBPUSD)  
JinDao_Tai  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Forex macro technical trend GBPUSD
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trendanalysis forex macro technical trend gbpusd
  • U.K. Parliament Brexit Vote Day 3
  • GBP/USD rejected resistance level

Price Movement
Since yesterday, GBP/USD moved up by around 65pips before coming back down by around 95pips.

Trend
GBP/USD is moving on an uptrend.

Important Issue
This morning at around 0225 (SGT), the British parliament voted in favor of delaying Brexit with a result of 412-202.

Technical
Yesterday, GBP/USD tested and rejected the resistance level of 1.33210.

Price Levels
Current Price: 1.32403
Next Resistance: 1.33210
Next Support: 1.31675
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