All eyes on the House of Commons’ vote on the Brexit. If the majority opposes to this plan, this could reduce demand for the British pound.
Interest rates set by the Bank of England were expected to increase in August. The expectation is now lower, although the percentage still remains above 50%.
The price is expected to pass through a support level of 1.3204 and the probability will continue to rise in the short and mid-term.
Support levels: 1.3026, 1.3000, 1.2773
Resistance levels: 1.3472, 1.3711
