Looking at the chart there seems to be strong resistance at the 1.329 (Technical)
Possible double top (Technical)
News on Brexit and all this eagerness to leave EUR are definitely going to be troublesome for their economy (Fundamental)
Recent light being shed on the possibility that "Brexit" was a setup for funds to make a profit- thus leading to negative bias if rumors are confirmed to be true (Fundamental)
Overall Bias: Short GBP
Possible double top (Technical)
News on Brexit and all this eagerness to leave EUR are definitely going to be troublesome for their economy (Fundamental)
Recent light being shed on the possibility that "Brexit" was a setup for funds to make a profit- thus leading to negative bias if rumors are confirmed to be true (Fundamental)
Overall Bias: Short GBP
Trade closed: target reached
Time to close out.Profits have been reached.
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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.
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.