GBPUSD volatility continues
The British pound has moved to a fresh 2019 trading high against the US dollar after UK Parliament voted that a Brexit no-deal scenario should be ruled out. The GBPUSD pair has moved back under the 1.3300 level but still retains an intraday bullish bias while trading above the 1.3100 level. Traders should note that buyers have control of price-action, with the pair making higher highs and lower lows.
The GBPUSD pair is intraday bullish while trading above the 1.3100 level, key technical resistance is found at the 1.3300 and 1.3380 levels
If the GBPUSD pair trades below the 1.3100 level, sellers may test towards the 1.3055 and 1.2975 support levels.