- DUP not backing deal
- Brexit delay approved
- GBP/USD rejected support level
Price Movement
Since yesterday, GBP/USD has been moving indecisively.
Trend
GBP/USD is ranging across.
Important Issue
This morning at around 0445 (SGT), the Democratic Unionist Party (DUP) confirms that it will not back Theresa May’s Brexit deal.
Also this morning at around 0520 (SGT), the U.K. Parliament approved Brexit delay with a voting result of 441-105.
Technical
This morning, GBP/USD tested and rejected the support level of 1.31675.
Price Levels
Current Price: 1.31916
Next Resistance: 1.33210
Next Support: 1.31675