sifneosFX

Technical & Fundamental SELL

Short
FX:GBPUSD   British Pound / U.S. Dollar
- Fibonacci hit several times at 50%

In my opinion, Brexit is bad for U.K. on long term (1-3 years). No matter what happens, no deal Brexit, orderly Brexit, no Brexit at all, the Pound will fall to 1.12, then it will recover.

It may hit 1.35-1.36 before fall to 1.12
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.