GBPUSD range break needed
The British pound continues to move in a large price range against the US dollar as traders await UK lawmakers to make a final decision over Brexit. The GBPUSD pair is currently trapped between the 1.3300 to 1.3100 level, with a sustained breakout needed before a new trend can emerge. Technical indicators are currently neutral and remain flatlined across the four-hour time frame.
The GBPUSD pair is intraday bearish while trading below the 1.3100 level, key technical support is found at the 1.3000 and 1.2970 levels
If the GBPUSD pair trades above the 1.3200 level, buyers may test towards the 1.3300 and 1.3388 resistance levels.