minyangshi9409

SELL on 30 Mins

Short
minyangshi9409 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
May is still struggling in negotiating with DUP and SNP. On the other hand, EU has clearly refused any opportunity to re-negotiate. Next week, May will fly to North Ireland and Scotland. The risk of no-deal Brexit is higher than several weeks ago.

The target is 1.2920.
Turning point: 1.3050.
Under 1.3050, bearish , target price is set at 1.2980, then 1.2920.
Above 1.3050, bullish , target price is 1.3100,then 1.3140.

RSI technical indicators are bearish and have a further downward trend.

Prior Strategy:
Comment:
Target Reached.
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