GBP/USD Weak Outlook with Brexit Coming
GBP/USD reversed from the channel that it's been following for the current year.
GBP's outlook is bad. Chances of a "No Deal Brexit" happening are increasing by the day since the ongoing talks between the EU and GB are fruitless. Be careful with going long GBP in the coming weeks.
Consider exiting the short trade around the green area, the lower trend line.
GBP's outlook is bad. Chances of a "No Deal Brexit" happening are increasing by the day since the ongoing talks between the EU and GB are fruitless. Be careful with going long GBP in the coming weeks.
Consider exiting the short trade around the green area, the lower trend line.
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