GBP/USD: There will be another vote this Wednesday

Tian Kriek

Analyst


March 25, 2019 08:19 AM

BULLISH

Daily Trading Range:
GBP/USD: There will be another vote this Wednesday creating more uncertainty about the future of Theresa May. The UK will not leave on the 29th of March. This date has been extended to the 22nd of May. In the event that there is no Parliamentary consensus then the GBP basket will remain volatile for the time being. Tread carefully

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.3700
Resistance 2: 1.4000
Resistance 1: 1.4340
Current Price 1.3208
Support 1: 1.3200
Support 2: 1.3100
Support 3: 1.3000

Two Hour Chart

Two Hour Chart