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Technical Outlook

GBPUSD, An important vote will take place tomorrow in the House of Commons on the Brexit Bill

On Jun 19, 2018

GBPUSD,

An important vote will take place tomorrow in the House of Commons on the Brexit Bill. Based on the results of the vote, the market trend may be affected. If the majority votes for the Brexit Bill, it could increase demand for the British Pound.

Currently, after a short-term correction, the price passed through a support level at 1.3204, and is expected to continue with a bearish trend for both short and mid-term.

Support levels: 1.3026, 1.3000, 1.2773

Resistance levels: 1.3472, 1.3711

British Pound forex FX US Dollar Windsor Brokers

AUDUSD, Following the release of the meeting minutes of the Australian Monetary Policy Council and with the increasing divergence between Australian and US monetary policies, demand for the Australian dollar fell against the US dollar

EURUSD, the price is back to the support level range of 1.1554 and 1.1510. Following the short-term correction, it has returned to the bearish wave and a further short and mid-term decline is expected