“¢ Brexit uncertainties continue to weigh on the British Pound and prompt some aggressive selling during the mid-European session.
“¢ The pair extended retracement slide from over 2-week tops and dropped to challenge an ascending trend-channel support on the 4-hourly chart.
“¢ A follow-through selling needed to confirm any additional near-term downfall, albeit mixed technical indicators fail to point towards any firm directional bias.
Spot Rate: 1.3376
Daily Low: 1.3355
Daily High: 1.3439
Trend:
Resistance
R1: 1.3400 (20-day SMA)
R2: 1.3439 (daily swing high)
R3: 1.3473 (R1 daily pivot-point)
Support
S1: 1.3345 (200-period SMA H1)
S2: 1.3322 (S2 daily pivot-point)
S3: 1.3300 (round figure mark)
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