United Kingdom is so optimistic that other countries do not want “hard Brexit”

UK foreign secretary said that worries remain about a hard Brexit however, more EU states realize now what a mistake that would be. On the other side, Edgars Rinkevics, stated that he estimates the possibility of reaching a deal at 50%.

It moved in a sideways manner between the 1.2660 support line and the 1.2770 resistance line.

GBP/USD seems to be threatening the downward trend-line and should it clearly break it. We could see the pair, breaking the prementioned downward trend-line, break the 1.2770 resistance line and aim for the 1.2825 resistance hurdle. On the other side, we could see the pair breaking the 1.2660 support line and aim for the 1.2590 support barrier.