I don't think it can break 1.3500 before the vote.
Felipersan24
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@TradingShot, Initially, that's what should happen. Its a strong resistance. What we can't ignore is the premium price grab from institutions and banks before a big movement. In other words, inside information traders will move the market before the big news. Price MIGHT, it just MIGHT go for a bulls trap and push up a lot TO THEN free fall from the vote... You with me on that thought? Let me know! And best of luck ;) thank you for your comment and for sharing your personal analysis.
YIQI
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agree with you , thanks for you share
Felipersan24
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@YIQI, No problem man! It's another look at what the bullish outcome could look like this week ;)
Good luck and watch out for your risk management! This pair has been the TOP moving FX pair for the last 2 weeks.
YIQI
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@Felipersan24, in my plan i want 1.34850 for short...maybe can fall down and close to1.27...
Felipersan24
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@YIQI, I like that level.. it is just before a resistance area so you'd be taking your profits earlier than most (always try to be first one in, first one out), and a good level for a selling opportunity if BREXIT brings upon negative effects on the pound. Best of luck my friend!