“If Biden wins gold will shoot up” it did shoot to a fake out for institutions to load up and now trading in the 1700s. Or when they said if Boris wins pound will rally. It did rally to 1.34-35 then crash to 1.25. Look at the bullish volume it’s just not there. Not been there all last week. Just retail traders trying to push price up. Great opportunity for institutions to load up on the sell off. Besides that who cares a deal? I live in UK UK economy has suffered too not little. Pound will trade in the 1.20s soon.
@boonet, The Brexit deal is almost 95% complete hence the jump in the GBP in recent days. I very much doubt the remaining 5% will tip it over, but if the remaining 5% go towards benefiting the GBP then your SL will be hit quite quickly. Anyway, let's watch and see :)
P.S. By the way, you have no idea how much I want the GBP to go down :)