GBP/USD Outlook (14 February 2020)

Overall, GBP/USD is moving across. Recently, GBP/USD soared, breaking the resistance level of 1.29900 after news of U.K. finance minister Sajid Javid's resignation was released. As a result, Member of Parliament Rishi Sunak has been appointed as the new finance minister.
GBP/USD’s next support level is at 1.29900 and the next resistance level is at 1.32253.
Look for short-term buying opportunities of GBP/USD.