Here is an update from my Brexit post on September 27th. If you look at my previous chart I included with this update we see GBP on the rise as Brexit no deal speculations diminished. With talks about post trade deals I believe the negative news is propaganda as a deal would place the pound on a pedestal as the pandemic will continue to force out financial aids....
Analysis of GBPUSD 13.06.2019 by PaxForex
The price is below the moving average of 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero levels.
If the level of support is broken, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short...