GBP USD
The British pound has found a bit of a magnet in the form of the 1.35 handle. At this point in time,
the market looks as if it is trying to figure out whether or not Brexit is enough to keep the British pound to continue going higher.
I suspect we will probably have a lot of choppy behavior ahead of us,
due to the fact that people are still trying to figure out whether or not the United Kingdom economy will move forward easily.
The answer is probably a resounding “no”, as there are coronavirus lockdowns in place. Furthermore,
it is not as if everything was settled, just the basics to avoid massive tariffs.
all these questions are in place! and pound is really in shady place
look for selling opportunities on the short time frames
the market looks as if it is trying to figure out whether or not Brexit is enough to keep the British pound to continue going higher.
I suspect we will probably have a lot of choppy behavior ahead of us,
due to the fact that people are still trying to figure out whether or not the United Kingdom economy will move forward easily.
The answer is probably a resounding “no”, as there are coronavirus lockdowns in place. Furthermore,
it is not as if everything was settled, just the basics to avoid massive tariffs.
all these questions are in place! and pound is really in shady place
look for selling opportunities on the short time frames
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