The pound continues to look for direction in line with talk of approving or canceling the upcoming Brexit

GBP USD TECHNICAL ANALYSIS

The pound showed signs of support last week after it went down most of the week, and on Friday it turned – that’s a positive sign.
The market may be trying to find a solid reason, but there is much news from the UK regarding the Brexit  transaction to confirm or reverse the continuation of the positive scenario for the Pound

the last post was Is breaking 1.30 level last week in a pound and back above, indicates a false break or is it just the beginning?

At the moment it appears that the level of 1.2970 is a support level, if that is so I think we are going to see the pound coming to test the 1.33 level again.
If the 1.33 level breaks, this will lead the GBP to deal with higher levels in 1.37 and 1.39, while an inability to breach the 1.33 level will bring it back down, breaking the 1.2790 level could return it towards 1.23

GBP USD  ANALYSIS

GBP USD LONG TERM CHART

sterling   analysis

This review does not include any document and/or file attached to it as an advice or recommendation to buy/sell securities and/or other advice