Brexit pessimism is keeping the Pound bulls at bay after three successive failures to cross 1.3000 during last week. Therefore, we might see price pulling back below 1.29 today, as bearish pressure mounts ahead of the next EU council meeting which is going to be held on September 25th. Looking forward, a light economic calendar may keep the focus on the Fed’s speech for any short-term direction.
Support: 1.2875 / 1.2820
Resistance: 1.3015 / 1.3055
