Will Sterling rally continue till the Brexit deadline votes?

GBP USD TECHNICAL ANALYSIS

The pound jump above 1.33 price area since august last year extends on optimism that risk of no deal Brexit is fading.

The pound continues to look for direction in line with talk of approving or canceling the upcoming Brexit

Brexit time votes
March 12 – Meaningful vote on a new Brexit deal.
March 13 –  If  March 12 deal is again rejected , it could support to leave the EU without a deal on March 29.
it appears that the chance of rejection the first motion and approval of the second is high. The longer the duration of extension, the higher the case of second referendum.
For now, the market is optimistic but No doubt, a no-deal Brexit is the worst of all scenarios

 breaking 1.30 level last week in a pound and back above, indicates a false break or is it just the beginning?

GBP USD  ANALYSIS:

GBP USD TECHNICAL ANALYSIS:
At the moment it appears that the level of 1.2970 is a support level, if that is so I think we are going to see the pound coming to test the 1.33 level again.
If the 1.33 level breaks, this will lead the pound to cope with higher levels in 1.3460 1.3720 and 1.39-1.40, while an inability to breach the 1.33 level will bring it back down, breaking the 1.2790 level could return it towards 1.23

POUND  ANALYSIS:

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This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice