- 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.
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) |