GBPUSD was trading lower and lost more than 150 pips from yesterday’s high of 1.28396. The Brexit uncertainty and broad based US dollar buying are main reason for sell-off. Markets eye Tuesday’s vote in the House of Commons on the withdrawal agreement reached in EU. The pair hits low of 1.26580 and shown a minor jump till 1.27778. It is currently trading around 1.27717. US 10 year yield is declining sharply
On the lower side, near term support is around 1.2660 and any break below will drag the pair to next level till 1.2600/1.2560.
The major resistance is around 1.2835 and any violation above will take the pair to next level till 1.2900/1.2925.
It is good to sell on rallies around 1.2828-30 with SL around 1.2870 for the TP of 1.2730/1.2690.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro- Major Crypto levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro- Major European Indices
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major European Indices
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 



