GBPUSD (1.2882): The GBPUSD was seen turning a bit volatile on the Brexit headlines. Price action posted a strong reversal near the support area of 1.2808. However, in the medium term, we expect the sideways pattern to be maintained in the currency pair. As the lower support level is yet to be tested, we expect the GBPUSD to be at risk of testing 1.2683 level of support. To the upside, the gains are limited to the 1.3086 level of resistance.
