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RealistFX
Dec 6, 2020 6:38 PM

GBPUSD - PREDICTION 

British Pound/U.S. DollarFXCM

Description

Could you find a more volatile pair right now between DXY and Brexit?!

I favour longs on this retest of the daily support, especially with the minor bullish trend line to consider and the fact we have a perfectly lined up fib area.

As always we prepare for buys and sells, so sells we have below the support and retesting the 61.8% fib and longer term descending channel which would give us a very tasty 1:7 which is very doable with Brexit deadline inching closer.

We will send a signal out later this week should we take entry.
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