LONG GBPUSD
Recently headwinds from the UK, has been affecting the pound substantially, making it impossible to climb.
The chances of a no deal brexit is around 15%, which means there is a good 85% there will be a extension by oct 2019, which will rally the pound.
The pound has been severely undervalued, it will be a good buy around 1.24 levels.
The chances of a no deal brexit is around 15%, which means there is a good 85% there will be a extension by oct 2019, which will rally the pound.
The pound has been severely undervalued, it will be a good buy around 1.24 levels.
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.