GBP/USD found fresh supply after finding fresh YTD highs above 1.3200 handle and turned back to the 1.3140 support area.
The recent profit taking in the Cable is attributed to cautiousness ahead of Brexit voting due on tomorrow in light of PM May's plan B.
Thus, the British Pound is expected to stay sidelined as we are progressing to Brexit discussion. It should be noted that the recent optimism around the Pound is because of declining probability of no-deal Brexit.
Levels to Consider
Immediate support is at 1.3140 ahead of 1.3065 and then 1.3000. On the flip side, immediate resistance is pegged at 1.3200 followed by 1.3255 and then 1.3300 handle.
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