HomeContributorsTechnical AnalysisGBP/USD Turns Volatile Above 1.3300

GBP/USD Turns Volatile Above 1.3300

The British pound sterling is trading a bit volatile, reacting to the Brexit talks.

Price action remains trading flat, but well supported above the 1.3300 level so far.

As long as the support holds, GBPUSD could be looking at further gains.

To the upside, price action will need to break past the 1.3483 where resistance exists.

To the downside, if the GBPUSD loses the 1.3300 support, then we could expect to see a stronger correction. This will push price action down to the 1.3122 level.

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