After the election result came positive for conservative party the pound rally towards 1.35000 level..
And suddenly the market turn pessimistic about the pound as the upcoming Brexit hurdles may affect the GBP and the pair started falling towards 1.29500 level..
Due to the year end weakening of the dollar GBPUSD find some bull market Now The pair trading nearby 50% Fibonacci and will reach the 61.8% Fibonacci which is 1.31450 level there we can pen sell positions and Potential take profit will be 1.27900
Stop lose may placed at 1.32900
And suddenly the market turn pessimistic about the pound as the upcoming Brexit hurdles may affect the GBP and the pair started falling towards 1.29500 level..
Due to the year end weakening of the dollar GBPUSD find some bull market Now The pair trading nearby 50% Fibonacci and will reach the 61.8% Fibonacci which is 1.31450 level there we can pen sell positions and Potential take profit will be 1.27900
Stop lose may placed at 1.32900
