- U.K. Parliament Brexit Vote Day 2
- GBP/USD moving towards key level
Price Movement
Since yesterday, GBP/USD moved up by around 290pips before coming back down by around 110pips.
Trend
GBP/USD is moving on an uptrend.
Important Issue
This morning at around 0350 (SGT), the British parliament voted against No-Deal Brexit with a result of 321-278, thus ruling out No-Deal Brexit.
Technical
Yesterday, GBP/USD broke the resistance level of 1.31675, tested and rejected the resistance level of 1.33210.
It is currently moving towards the 1.33 key level.
Price Levels
Current Price: 1.32669
Next Resistance: 1.33210
Next Support: 1.31675