GBP USD Update LONG
The Brexit Circus continues , an extension untill October. Possible New PM , Possible 2nd referendum , Possible NO Brexit
On the other hand we have The USD consistently refuting the "R" word and Trump calling on the Fed to lower interest rates which is just chasing the market
All in all we see a relaxation on GBP pressure for the meantime
we see some USD pressure , all we need is to see a dip in the USD index and the cable will take off like a Rocket
The Brexit Circus continues , an extension untill October. Possible New PM , Possible 2nd referendum , Possible NO Brexit
On the other hand we have The USD consistently refuting the "R" word and Trump calling on the Fed to lower interest rates which is just chasing the market
All in all we see a relaxation on GBP pressure for the meantime
we see some USD pressure , all we need is to see a dip in the USD index and the cable will take off like a Rocket
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Related publications
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.