JoelGuloba
Short

GBPUSD Freefall to 1.19900

FX:GBPUSD   British Pound / U.S. Dollar
After the indecision shown by the GBPUSD pair bears have managed to push price out of the ranging zone of last week an now the pound is set to freefall back down towards previous lows. This is also paired in conjunction with fundamentals such as the strain of Brexit and the UK's economical situation on the Cable.

Trade closed: stop reached
Hi Bro I feel the candles are showing more bullish momentum as you can see on the daily and the reversal on the weekly/monthly too.
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@uzzyuz, Thank you for your comment. Yes price appears to have risen from the GBP all time lows however, given the current turbulence in UK politics and uncertainty of a no-deal. I have the idea that the pound may drop to retest those all time lows before consolidation.
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