May Wins Confidence Vote – Key Technical Levels for British Fx Pairs
The pound jumps after British Prime Minister Theresa May’s government won a confidence vote in parliament. Watch out trading levels.
Arslan Butt•Thursday, January 17, 2019•1 min read
[[GBP/USD]] – Technical Outlook
Support Resistance
1.2847 1.2905
1.2815 1.293
1.2758 1.2987
Key Trading Level: 1.2873
EUR/GBP – Technical Outlook
Support Resistance
0.8829 0.8871
0.8813 0.8896
0.8772 0.8937
Key Trading Level: 0.8855
GBP/JPY – Technical Outlook
Support Resistance
139.67 141.08
138.78 141.6
137.37 143.01
Key Trading Level: 140.19
GBP/CHF – Technical Outlook
Support Resistance
1.2715 1.2788
1.267 1.2815
1.2597 1.2887
Key Trading Level: 1.2742
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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