GBP is on a very big support area I believe. On the 4h and Day it is a channel and GBP just touched the bottom line of the channel. I am on hold to see what will happen. Personally, I believe GBP will recover from 1.29454 but let see.
I am fundamental trader and the news for probability of no deal with EU and problems whit Scotland can crash the pounds price. I will wait until next day because it is a critical zone. If the price break the zone will go down up to 1.22050 if the price recover (I believe in that if there is no braking news) pound will go back to try 1.31200
I am fundamental trader and the news for probability of no deal with EU and problems whit Scotland can crash the pounds price. I will wait until next day because it is a critical zone. If the price break the zone will go down up to 1.22050 if the price recover (I believe in that if there is no braking news) pound will go back to try 1.31200