The GBPUSD inched down 0.08% to 1.3047, with the U.K. and the European Union continuing Brexit trade talks. The Federal Reserve and the Bank of England will hand down their respective monetary policies on Thursday.
The Market did hit our targets 1.3090 - 1.3140 and above. The International Money Market is very volatile due to the elections. The GBPUSD edged Down to 1.2933 from 1.3140 in less than 9 hours.
Today, The British Pound is showing a Down Trend giving strenght to the Dollar with near term Target 1.2864, if broken ⇒ 1.2764.