bruceyam

long GBP will Brexit trade deal in touching distance

Long
FX:GBPUSD   British Pound / U.S. Dollar
According to the Guardian news: Brexit trade and security deal with EU within 'touching distance', says No 10
Boris Johnson briefs cabinet on breakthrough and is expected to address nation early on Christmas Eve
www.theguardian.com/...imminent-brexit-deal

Since 1953, GBPUSD is go below 1.4 two times, once is at 1987 when dollar is very strong. and other is since 2016 Brexit referendum till now.
so it is a chance that GBPUSD go back above 1.4 next year

from the chart, GBPUSD is now testing the downtrend line and might break above when the good news strike.
MACD turn positive,
expect GBPUSD will test 1.38-1.41

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