CeoCodes

GBPUSD Sterling COVID fears

Short
CeoCodes Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Christmas is cancelled and New Years celebrations are on hold as the new strain of COVID fears spread along with the virus accross the world.
Risk is back on and Brexit talks continue to drag into Christmas week.

Targets
1. 1.3413
2. 1.3362
3. 1.3294

Trade halting 1.3280 and the monthly bottom. Waiting for consolitation at this level if not before.
Comment:
Brexit with many European and North American participants on their Christmas holidays, Brexit-related GBP moves could perhaps become even more volatile
Comment:
Trade closed: target reached

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