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  • Sterling seeing some light pickup ahead of a thin Monday with little action on the docket, though an upcoming Brexit vote in the UK’s parliament could see PM May’s latest proposal get gutted by Brexiteers.
  • The GBP is holding onto last Friday’s bullish momentum, but thin markets through the Asia  session could see a sharp turnaround when London markets come on-line.

GBP/USD Chart, 15-Minute

Spot rate:   1.3246
Relative change:   0.13%
High:   1.3248
Low:   1.3221
Trend:   Bullish
Support 1:   1.3221 (current day low)
Support 2:   1.3101 (previous week low)
Support 3:   1.3049 (2018 low)
Resistance 1:   1.3262 (61.8% Fibo retracement level)
Resistance 2:   1.3361 (previous week high)
Resistance 3:   1.3446 (June 14th swing high)