GbpUsd - BREXIT

2020-02-03 19:26:25

On Friday I analyzed GBPUSD for a short opportunity, I was wrong. After the currency pair was broken down, I identified a strong sell opportunity as displayed with my technical chart work. The GBPUSD currency pair was in a 4hr range for the past few weeks and is now showing signs of a breakout emerging. In my opinion that breakout was to be to the downside seeking to 1.295 region or below.

Now I have adjusted my analysis and I will be taking along position due to the approval and confirmation of BREXIT