GBPUSD Update: Resistance Breakout

"The U.K.’s opposition Labour Party suffered a dramatic split on Monday morning after a group of its politicians decided to leave in protest over leader Jeremy Corbyn’s handling of Brexit."

Markets are pricing this development "GBP positive"

Break Above 1.29400

Targets: 1.29800 1.30300 1.31000

Yorum:

Reached the second target. Generated 110 pips so far. We move Sl to entry.