Letsskim

I expect the cable to drop. It may surpass slightly the support

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
I expect the cable to drop. It may surpass slightly the support but in the end, it’s going down.

There are no positive reasons as to why the cable would rise.

Fuel at all time high. Goods. Energy.

In the end, the UK will enter a recession by the end of this year.

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