The pair has fallen sharply during the month of October & November, amid change in risk sentiment. Although price saw a nice pullback yesterday, price is now back at final support level
. In addition, Theresa May is currently seeking cabinet support for the Brexit deal right now. The meeting is running two hours over its intended time. Where Theresa May is expected to have a live news conference right after. Therefore, expect to see high volatility
Reversal: Price rejects a break from final support level
of the trend. Profit levels to look for are 1.8200 & 1.8600 respectively.
Breakout: Price breaks final support level
, look for consolidation below 1.7800.