GBPUSD testing critical support at 1.2000 on Brexit concerns. Long

British Pound/U.S. DollarFXCM

Description

⋅ Sep 5, 2019 4:01 AM

Looking ahead, October is going to be a big month for Sterling. In the Week chart the pair was around 1.2240, the Momentum indicator is bouncing just modestly from its daily low but still within negative level.

Trend Analysis