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RaynLim
Dec 14, 2019 4:50 AM

GBPUSD-Weekly Market Analysis-Dec19,Wk3 Long

British Pound/U.S. DollarFXCM

Description

As expected, the bullish flag(chart on the link on related ideas), focus on the bullish flag) is going to make its dealing. This is of course due to the UK General Election of the Conservative party winning the majority seats, which I've mentioned in my previous analysis.

Congrats to those who have engaged the trade. At this moment, I'm waiting for a retracement into the buy zone and engage in a longer-term trade.
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