scorpius

technical and fundamental options.

FX:GBPUSD   British Pound / U.S. Dollar
Technical option: After the document on "internal trading" was approved by the UK Parliament in the first reading, the currency pair after a rapid decline entered a phase of correction, which could last for a couple of weeks, if new fundamental news against the pound does not emerge. While it's calm. In my opinion, I believe that sub-wave a of the correction has ended and sub-wave b is now working. Its structure can remain a triangle, flat or zigzag. After the completion of wave b, there is a possibility of continued growth in the sub-wave c, which will complete wave B. Wave B may be a component of the wider correction triangle of wave iv. But it's too early to think about it.
www.instaforex.com/f...orex_analysis/259723
Fundamental analysis: As long as the EU and UK parliamentarians have time for January 1, there may not be much change. Here is one of the good fundamental analyzes:
www.instaforex.com/f...orex_analysis/259729
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