GBPCHF Short term Buy
Despite the weakness exposed by last week's moves, I will be looking for a buying opportunity prior to the selling idea to test the March '20 Pivot Low 🎯.
Fundamental Analysis is bearish for the GBP futures. The UK unemployment numbers increased last week and the parliament voted for the PM's Bill. The Bill according to the EU negotiators in Brussels, is illegal. The UK government has somewhat implied that it will be a breach of international law. This could lead to a very messy Brexit with only a few months left.
Investors have advised the government to be cautious as this could affect the UK GDP.
Fundamental Analysis is bearish for the GBP futures. The UK unemployment numbers increased last week and the parliament voted for the PM's Bill. The Bill according to the EU negotiators in Brussels, is illegal. The UK government has somewhat implied that it will be a breach of international law. This could lead to a very messy Brexit with only a few months left.
Investors have advised the government to be cautious as this could affect the UK GDP.
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