en1gm9t-c

Will Brexit delay vote stop the Pound rally ??

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
The 1.3 level has been the "northern star" for the pound since 2016. As expected the pound was unable to break thru this key level given the latest news release. Theres a lot of wiggle room between the 1.3 and the 1.26 area, mostly for bullish plays (see fib retracement). A clear break above the 1.3 and I'll look to play bullish following a pull back

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.