GBP/USD will continue to move lower in the following days toward

The pair will continue to move lower in the following days towards a major support line. The UK reports for today’s trading session will reflect the uncertainty following the win of PM Boris Johnson’s Conservative Party. His win meant that the United Kingdom would leave the European Union on January 31. However, worries remain as analysts expected Johnson to drag the UK out of the EU even without a deal. In a recent news, PM Johnson was able to secure the approval of the British Parliament for his Brexit deal. Analysts anticipate a contraction in today’s report. On the other hand, the US is still weighing down global economic uncertainties. This was amid its above 50-points figures for Manufacturing, Markit Composite, and Services Purchasing Managers Index (PMI) reports. However, weaker data is in hindsight following the below 150,000 jobs creation report for the month of December.