Brexit deal issues is getting more hotter, GBP is more stronger against US Dollar, GBP/USD at 1.2880 but buyers are just testing the waters once again in a move higher. GBP/USD Resistance levels and offers are seen around 1.2900-10 followed by the 1.2925-30 level.
Meanwhile, the 100-day Moving Average also provides daily resistance at 1.2890 so that will be another level to watch out for as well. So far GBP will getting more stronger than before
There's a chances "no deal" for Brexit, The pound sterling continues to consolidate above the 100-hour on Moving Average, which it tested earlier and buyers held out, but below the 1.2900 handle for now. Maybe market optimism in the coming sessions for the quid with Theresa May still biding her time in coming up with a "Plan B" on Brexit by Monday. Yeah GBP/USD currency pair will be the hottest one in the middle of nowhere of Brexit
Market and forex buyers held out, As long as price holds up above the key hourly moving averages, it feels like it's only a matter of time before a firm break above 1.2900 comes into play.
For your information please Remember, markets are feeling more upbeat that chances of a no-deal Brexit outcome is diminishing so that could help feed into further gains in the pound sterling
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