- GBP/USD rejected resistance level
Price Movement
Since yesterday, GBP/USD had moved up by around 110pips.
Trend
GBP/USD is trending upwards.
Important Issue
Yesterday, British Prime Minister Theresa May mentioned that Britain will leave the EU without a deal only if Parliament backs it. She also mentioned that if there were to be a Brexit extension, it will be a short one.
Technical
This morning, GBP/USD tested and rejected the resistance level of 1.32872.
Price Levels
Current Price: 1.32389
Next Resistance: 1.32872
Next Support: 1.31675