WinstonWolfe

GBP/USD has broken out of its bullish downward pennant triangle.

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
The time to buy the British Pound is now. With Brexit now finalised, the uncertainty over the future of the UK economy has been removed for the most part and is now looking more optimistic.
The British Pound will rally against most currencies imo, but especially against the USD. Technically and fundamentally this is the perfect time to be long GBP.

Comments

what's with the rush, yes the Brexit deal is now here. But the uncertainty isn't over the deals still up for debate in parliament and the financial services industry still a big issue. I mean the deal it self still has plenty hole in it, the fishing has called this the worst deal as the fishing industry was the poster boy for Brexit. Sorry but this ain't the buying moment while tier 5 is soon to be announced as the UK has seen their highest ever recorded covid-19, apologies but isn't so quiet the buying market just yet
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Buy now quick, quick your going to miss out quick
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