GBP
UK's Brexit Plan B is about to discuss today, it will affect GBP trend directly.
GBPUSD prohibit strong support recent days, so Brexit could give more optimistic signal for pound?
In my opinion, I got confidence on pound's forward trend.
There are two scenario I manipulate on GBPUSD trend today.
First:
If GBPUSD still above 1.3137 before 12:00, then buy it directly around 12:00~13:00. It will probably up straight to test 1.3200 and more.
Second:
If GBPUSD downward and break 1.3137 before 12:00, then long position will be around 1.3105~1.3100. It will
be best at reversal horizon for long. Then target will be 1.3260 and more.
Conclude:
Just stay on long side will be good choice today. Long on critical point or wait for reversal horizon.
Short opportunity will only appear on resistance area.
Support: 1.3090 /1.3140
Resistance: 1.3200 / 1.3255