GBP/USD SIGNAL

There is still concern that the post-Brexit Euro-UK agreement postponed until next year, as well as the spread of the Corona outbreak, has the opportunity to push GBPUSD down in the short term to test support at 1.2825 - 1.2865.Resisen in the range 1.2920 - 1.2950.

Fears of no deal Brexit still seems to be a negative catalyst for the UK, GBPUSD has the opportunity to move down to test support levels in the range 1.2870 - 1.2840 Until the 1.2786 price range tries to test the MA 200 level (daily TF) and the GBPUSD resistance level is around 1.2950 - 1.2980

GBPUSD after yesterday was able to rise after breaking through the MA 

For the pound / dollar pair, important levels on the H1 scale are: 1.2866, 1.2827, 1.2795, 1.2759, 1.2717, 1.2689 and 1.2631. Here, we are following the February 25 downward cycle development. A continuation of the move to the base point is expected after the breakdown level of 1.2759. In this case, the first target is at point 1.2717. Short-term descending movement is possible in the range 1.2717 - 1.2689. Breakdown of the last value will lead to movement to a potential target - point 1.2631. After reaching this level, we expect a pullback to the peak point. Consolidation movement is possible in the range 1.2795 - 1.2827.

GBPUSD SELL @1.24321
SL @1.24821
TP@1.23911
RESULT:...??