Pound remains strong and hits new highs across the board. Cable heads for the highest close since June 12, 2018. UK Parliament to vote on Brexit amendments. The GBP/USD pair rose further during the US session and printed a fresh 5-month high at 1.3349. Then pulled back amid a recovery of the US dollar and as of writing was trading at 1.3325/30, on its way to the fourth daily gain in-a-row and the highest close since mid-June. Optimism about the Brexit outcome continue to support the pound. Today several Brexit amendments will be voted at the UK Parliaments, including the possibility of a second referendum and other related to European Union citizens’ rights. At the US Congress, Fed’s Powell just mentioned that they will be announcing something fairly soon on balance sheet plan. While from Vietnam, US President Trump just tweeted: “Great meeting and dinner with Kim Jong Un in Hanoi, Vietnam tonight. Looking forward to continuing our discussions tomorrow.” Despite moving off highs against the US dollar, the pound continues to be the top performer of the day and also of the week. Levels to watch If the retreats continue, support levels might be seen at 1.3285/90 (Feb 26 high), 1.3260 and 1.3230/35 (daily low). On the upside resistance levels could be located at 1.3365/70 (July 2018 high), 1.3400 and 1.3440/45. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Headline inflation at its lowest in 15 months but core is resilient – NBF FX Street 4 years Pound remains strong and hits new highs across the board. Cable heads for the highest close since June 12, 2018. UK Parliament to vote on Brexit amendments. The GBP/USD pair rose further during the US session and printed a fresh 5-month high at 1.3349. Then pulled back amid a recovery of the US dollar and as of writing was trading at 1.3325/30, on its way to the fourth daily gain in-a-row and the highest close since mid-June. Optimism about the Brexit outcome continue to support the pound. Today several Brexit amendments will be voted at the UK… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
