The Pound keeps finding support at 1.29 as market sentiment cools down the US dollar. Markets start ignoring the UK’s lockdown woes, as Morgan Stanley predicts £100 billion more QE from BOE, favoring a risk-on mood. Additionally, a Democratic win in the White House could also boost the sentiment, pushing the Cable higher. The odds of a retest of the psychological resistance 1.30 are high for today.
Support: 1.29/ 1.2865
Resistance: 1.2940/ 1.30
