TradingView
jaynandha73
Mar 5, 2020 10:28 AM

GBPUSD Short after hitting resistance or continuing going long? 

British Pound/U.S. DollarFXCM

Description

Whats everyone's view?
Comments
shodowmortal
thanks for keep up posted
tyresmoke
There's another 6 to 8 months of Brexit negotiations in the UK, both sides are taking extreme positions at the moment, Europe is well known for holding out until the last minute before making a deal, my guess is that fears of a 'Hard Brexit' will continue to spook the GBP which will suffer against USD until a deal is finally done (which will happen, because both sides need it) at the end of 2020
alecfb
I’m going with the fear of flu, and selling
Fintogive
I like that because BOE might cut interest rates towards the end of March if coronavirus continues.
More