GBPUSD : Long term view

FX:GBPUSD   British Pound / U.S. Dollar
150 1 5
Good morning traders,

Cable will be under strong bearish pressure unless there´s any statement from BoE or till Brexit referendum on June. Technically after breaking 1.40 we will probably see 1.34 area

I wouldn´t attempt any counter trend till there´s a clear reversal sign

Happy trading

Josep Pocalles

Comment: We could be heading to target 1.34 till June
Comment: Hi Traders,

The long term view is completed, the technical picture was warning of a strong downside till 1.32-1.34

We could see a recovery bounce if UK politicians delay their decision in activating 50 Article to exit EU

Have a great weekend
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