British Pound / U.S. Dollar
Short
Updated

Brexit uncertainty. Short GBPUSD

288
Boris Johnson's Plan A can be said to have almost failed. Plan B seems to be the same. It seems that England's unremarkable withdrawal from the EU without a deal, or the postponement of Brexit, awaits us. The second is more likely.
On October 3, GBPUSD had an interesting activity that forced sellers to absorb the entire upward price movement. Suppose there is an interest of market participants. And that interest is clear.
We look forward to a decline in GBPUSD. The idea is positional and will be moderated in the course of implementation.
Note
Boris Johnson Tells Merkel Deal ‘Essentially Impossible’
This is a trigger to reduce GBPUSD
Note
Stop-loss 1.22600
Better stop-loss 1.23600
Trade closed: stop reached
Stop on 1.2360

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