GBPUSD : Long term view

Good morning traders,

Cable will be under strong bearish pressure unless there´s any statement from BoE or till Brexit referendum on June. Technically after breaking 1.40 we will probably see 1.34 area

I wouldn´t attempt any counter trend till there´s a clear reversal sign

Happy trading

Josep Pocalles

Note

We could be heading to target 1.34 till June

Note

Hi Traders,

The long term view is completed, the technical picture was warning of a strong downside till 1.32-1.34

We could see a recovery bounce if UK politicians delay their decision in activating 50 Article to exit EU

Have a great weekend

Realisto_FX

Josep Pocalles
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