After retesting the current resistance level there are two possibilities.
1. The pair might come down to 1.29900 and then move upwards to 1.32750 and then come down again.
2. Since Biden seems to win and there might be change in US monetary policies which will take a few days so chances are that US dolar will weaken and GBP will move upside to 1.32750 making a head and current level will become a neck. Traders can take short position around 1.32750.
Please be advised to take positions after complete research and watching the trend.
1. The pair might come down to 1.29900 and then move upwards to 1.32750 and then come down again.
2. Since Biden seems to win and there might be change in US monetary policies which will take a few days so chances are that US dolar will weaken and GBP will move upside to 1.32750 making a head and current level will become a neck. Traders can take short position around 1.32750.
Please be advised to take positions after complete research and watching the trend.