GBPUSD (1.3009): The British pound was seen trading volatile on Wednesday. The volatility came amid news about the EU and the UK agreeing on a draft Brexit proposal which was later approved by the ministers. The resistance area of 1.3086 – 1.3132 remains the main obstacle for now. The GBPUSD will need to clear this level to aim for further gains. To the downside, we expect the ranging price action to continue if the resistance is not cleared.
