British Pound / Canadian Dollar
Short
Updated

Short the pound after UK elections

130
Even tough we saw a huge rally yesterday after the polls were closed. I think there are several reasons to sell:
-Huge resistance level touched and rejected
-Formation of descending triangle
-Hard brexit won't be easy neither good for UK economy

Possible supply zones in blue.
Trade active
Pound in waterfall mode

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.