Pound prepares to lose strength

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

After a breakout of the bearish structure we are now seeing a switch in market mometum and I am expecting GBPUSD to fall 140 pips to the downside.

Comment:

Price spikes through stop due to optimism in the pound after a withdrawal agreement is agreed / Conservatives win majority

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