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YuraM
Oct 8, 2019 4:35 AM

Brexit uncertainty. Short GBPUSD Short

GBP/USDOANDA

Description

Boris Johnson's Plan A can be said to have almost failed. Plan B seems to be the same. It seems that England's unremarkable withdrawal from the EU without a deal, or the postponement of Brexit, awaits us. The second is more likely.
On October 3, GBPUSD had an interesting activity that forced sellers to absorb the entire upward price movement. Suppose there is an interest of market participants. And that interest is clear.
We look forward to a decline in GBPUSD. The idea is positional and will be moderated in the course of implementation.

Comment

Boris Johnson Tells Merkel Deal ‘Essentially Impossible’
This is a trigger to reduce GBPUSD

Comment

Stop-loss 1.22600
Better stop-loss 1.23600

Trade closed: stop reached

Stop on 1.2360
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