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Seezak
Nov 14, 2019 4:35 PM

GBP/USD D1 Short

British Pound/U.S. DollarFXCM

Description

Despite all this bullish move, I’m looking ahead and all i see is a drop to 1.22-1.25. The reasons for this is of course general elections which of course if Labour wins, GU price will drop by -2% and then there is brexit which we all know is less likely to get sorted out by January. We will probably be getting brexit extension for another century. Let me know what you think in comments but either way I’m shorting this and holding.
Comments
Seezak
Hey guys. Keep in mind if conservatives win general election, we will see 100-150pips rally.
Saquib16127
Hey is this analysis more focused towards next month?
Seezak
@Saquib16127 yes. This analysis is for the next 2 months
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