GBP/USD is limited in range, where will it break to?

GBP/USD is trading marginally lower amid news that the UK Labour Party tabled a parliamentary motion that could open the door to a second EU Referendum, potentially averting Brexit. The Technical Confluences Indicator shows that cable faces resistance at 1.2910 which is the convergence of the Pivot Point one-month Resistance 1, the Bollinger Band 4h-Middle, the Simple Moving Average 5-one-day, […]

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