UGTraders

GBPUSD Brexit hesitation!

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is very CLEAR in its signals from the technical viewpoint but the Brexit issue makes it unsure for investors to take a certain deal, I have seen a clear indication of the bull market then it lost its momentum against skeptical view on the healthy state of UK economy, and then again, the market can't rest assure that the future of the Brexit deal would end up badly...

From the technical point of view: GBPUSD is definitely losing its momentum again to have accelerating downtrend, we clearly can see a support area , which I really hope to break as fast as possible, which will indicate somehow some acceleration in the downtrend...

Keep an eye and Happy trading!
Nov 21
Comment: Move your stoploss just above the Latest resistance level
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