The British Pound starts the new week at familiar levels against the Euro and Dollar with Friday’s sell-off in the wake of the latest round of Brexit trade negotiations appearing to have been relatively short-lived, suggesting foreign exchange markets retain a cautious optimism that the EU and UK will ultimately strike a deal in the autumn.
TREND : SIDEWAYS
Time : 25/08/2020
Pivot : 1.3102
Technical View : LONG ABOVE 1.3122
Target : 1.3142, 1.3167, 1.3204, 1.3254
Technical View : SHORT BELOW 1.3082
Target : 1.3062, 1.3041, 1.3001, 1.2953