Confluences for Trade: - Bearish candle formations - Stochastic Overbought momentum - Price action near resistance trendline - Fundamentally, Brexit will be volatile. Will a weak vote push up the pound because it delays and may cause a second referendum? Or this will make UK's economy grow even weaker due to the constant delay of business growth from Brexit uncertainty.
Suggested Trade: Entry @ Area of Interest 1.2800 - 1.2900 SL: 1.2959 TP: 1.2602 RR: Approx. 2.46 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.