The Pound breaks above the psychological resistance 1.30 disregarding the fears of a no-deal Brexit and COVID-19 woes. Neither the EU nor the UK wishes to step back on any of their strong points and yet want a successful Brexit, keeping in mind that the proclaimed deadline of October 15 is just around the corner. As a result, traders will look forward to hearing from BOE Governor Andrew Bailey and UK PM Boris Johnson for fresh momentum amid the US holiday.
Support: 1.30/ 1.2950
Resistance: 1.3060/ 1.31