Source: PaxForex Premium Analytics Portal, Technical Insight

According to the British edition of Telegraph, the chief negotiator on Brexit from the EU M. Barnier is preparing for the fact that a team of negotiators from Brussels will stay in London to discuss the trade deal for another three days, until Wednesday. It was previously assumed that they would return to the continent already on Sunday

GBP/USD, 30 min

Pivot: 1.3036

Analysis:

Provided that the currency pair is traded above 1.3005, follow the recommendations below:

• Time frame: 30 min
• Recommendation: long position
• Entry point: 1.3036
• Take Profit 1: 1.3075
• Take Profit 2: 1.3100

Alternative scenario: 

In case of breakdown of the level 1.3005, follow the recommendations below:

• Time frame: 30 min
• Recommendation: short position
• Entry point: 1.3005
• Take Profit 1: 1.2990
• Take Profit 2: 1.2970

Comment:

RSI shows ascending momentum during the day.

Key levels:

GBP/USD, D1

Pivot: 1.3042

Analysis:

While the price is above 1.2835, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 1.3042
• Take Profit 1: 1.3175
• Take Profit 2: 1.3350

Alternative scenario:

If the level 1.2835 is broken-down, follow the recommendations below.

• Time frame: D1
• Recommendation: short position
• Entry point: 1.2835
• Take Profit 1: 1.2675
• Take Profit 2: 1.2515

Comment:

RSI indicates that an uptrend continues in the medium term.

Key levels:

We also advise you to pay attention to the following currency pairs for intraday trading:

EUR/USD – buy above 1.1805 with 1.1860 and 1.1870 targets as Take Profit. Alternative scenario - if the level 1.1805 is broken-down, sell with the TP 1.1785 and 1.1760.
USD/CAD - short positions below 1.3220 with 1.3140 and 1.3120 targets as Take Profit. Alternative scenario - if the level of 1.3220 is broken-out,  buy with the targets 1.3240 and 1.3260 as Take Profit.
NZD/USD – buy above 0.6664 with 0.6739 and 0.6755 as Take Profit targets. Alternative scenario - if the level of 0.6664 is broken-down, you should consider selling with the targets 0.6638 and 0.6622 as Take Profit.