Swing Trade: Looking to short GBPUSD on price bounce.
USD is expected to strengthen going into the Employment Data release.
GBP is expected to weaken as PM Theresa May mentioned that she will trigger formal Brexit talks by end of March 2017.
Levels to watch:
Support: 1.2934, 1.2870 & 1.2830
Resistance: 1.3125, 1.3165 & 1.3208
USD is expected to strengthen going into the Employment Data release.
GBP is expected to weaken as PM Theresa May mentioned that she will trigger formal Brexit talks by end of March 2017.
Levels to watch:
Support: 1.2934, 1.2870 & 1.2830
Resistance: 1.3125, 1.3165 & 1.3208