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andrew.han
Oct 7, 2019 6:52 AM

GBPUSD: LONG [D] [10/07] Long

British Pound / U.S. DollarFOREX.com

Description

GBPUSD | Weak | 1.3400 – 1.2000
- Prime Minister Boris Johnson is in the hot seat and needs to bring certainty to the markets on Brexit.
- Brexit put downward pressure on GBP and uncertainty remains on its outcome.
- GBP is supported above 1.2000. PM Johnson’s Brexit comments resonated with his European counterparts and has brought short term strength back into CABLE.
- Key SELL area 1.2740/1.2670 R70

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