LimitMarkets

Pound's limited chances

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
The UK pound is rallying on the half-welcoming EU attitude to PM Jonhson's new Brexit proposal. However, the rise seems to have reached its limits and it can turn into a sell-off. In that case we are to follow 1.2340 and later 1.2300 levels.

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