Clear GBPUSD Levels to Trade Amid Brexit Headlines

GBPUSD turned from the ‘massive’ level (1.3500) and has already wiped out August’s gains. Price could bounce from the 1.2940/80 zone (prior congestion and 50 day average). If it does then 1.3110/20 should provide resistance for weakness into 1.2814 (June high). The top side of the line off of the December 2019 and March 2020 highs near 1.2500 could be in play at some point too.