Seeing more buying
The GBPUSD reached the 100 hour MA target at 1.30985 and extended above the level as there is a squeeze on Brexit hope. PM May is apparently on her way to Strasbourg for “further deal making talks” with EU officials. The market is liking that progress.
The pair has a topside trend line and 38.2% at 1.31083 area.
Meanwhile, the EURGBP is helping to keep the GBPUSD bid. It trades back down toward Friday low levels.