The Cable dived below the 7-month bullish trend line as Brexit crisis deepens, postponing the talks until next week. Earlier today, UK GDP numbers disappointed analysts’ expectations, keeping the pressure on the Pound for a possible further downside move. Today’s plan will be to short any bounce as long as price remains below 1.29, targeting 1.2730.
Support: 1.28/ 1.2730
Resistance: 1.2880/ 1.2930
