Short to 1.2779 After Rebound
Expecting GBPUSD to rebound to EMA20 before going further down to 1.2779.
While housing demand improved along with strong PMI data over the past weeks; UK-EU trade talks are likely to cause the currency to drop further as Boris Johnson's request of a Canada-style trade agreement is not reasonable in the eyes of EU. Both parties' stance will likely to cause the negotiations to turn much worse before getting any better.
Any constructive criticisms is much welcomed.
While housing demand improved along with strong PMI data over the past weeks; UK-EU trade talks are likely to cause the currency to drop further as Boris Johnson's request of a Canada-style trade agreement is not reasonable in the eyes of EU. Both parties' stance will likely to cause the negotiations to turn much worse before getting any better.
Any constructive criticisms is much welcomed.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.