ridethepig

Pound weakens with Brexit weighing heavy

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
A good time for a quick update to the Pound chart as we enter into a very important week for the UK. Sadly politics once again in full control of markets. Parliament are back from their well needed holidays and have one week to save the country.

Probabilities of no-deal will swing this week and carry GBP with it. I continue heavily selling GBP across all portfolios.

This break will be enough to trigger the technical damage needed to get us all the way to the lows. Pressure on BOE is coming.

Good luck.

Comments

It look more of downside
+1 Reply
ridethepig BabaForex
Indeed @BabaForex
Reply
I'm always looking forward to your analysis. Thanks brother
+1 Reply
ridethepig speedracer1234
Thanks for the love @speedracer1234
Reply
speedracer1234 ridethepig
@ridethepig, USDTHB Weekly is starting to get my attention ever so slowly
Reply
ridethepig Alibanihashemi
A very good and clean chart @Alibanihashemi ... nice targets and clearly defined channel
+2 Reply
Alibanihashemi ridethepig
@ridethepig, Thanks bro
+1 Reply
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