The Pound plunged to the lowest levels since March 26, pressured by the broad US Dollar strength coupled with the fresh no-deal Brexit claims and BOE’s readiness to act. From a technical perspective, the Double-Top pattern was finally confirmed on Friday after price broke below the 1.2130 major support, opening doors for further weakness towards the 1.20 psychological support and most probably even lower.
Support: 1.20 / 1.19
Resistance: 1.2130 / 1.22
