British Pound / U.S. Dollar
Short
Updated

GBP/USD - Week 53 - Santa's Brexit Deal

123
GBP/USD
All I want for Christmas is a Brexit Deal! The price pushed higher after a post-Brexit (trade, fishing and other issues) have been discussed and agreed upon just last week, only seven days before the UK will permanently depart from the European. Our analysis still points for the price to go down in the short-term in order to complete a bigger corrective pattern. We don’t neglect the possibility of breaking the previous top in the parallel channel before starting the down move. Our focus is on the sells and not the buys.
Trade Safe & a Happy New Year!

Best regards,
Financial Flagship

Disclaimer: The analysis provided is just informal and it should not be used as financial advice. Remember that you need a plan before you start trading; so take this as your guide that will ultimately help you understand the market and easily predict your next move.

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