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Weak GBP on the back of no deal brexit?
1 to 1 RRR aud is weak but is it stronger than gbp
could now see the reversal we all been waiting for LOL
i believe it will retest the recent sup lvl @ (see above) then looking for a reversal signal to enter short gbpusd
broke trendline..looking for retest and potential move towards the upside
can usd continue its strength and pull the eur down even more
can usd take it down to major support level before a reversal??
i entered long position friday. as we are in a rising channel
continuation of weak pound could see a big drop still.
i still think we have some pips left on the table 120 atleast. gbp had some ok news today but dollar just seems to be POWER at the moment
been short for quite some time.i believe we will see this drop another 300 pips before any strong reversal is made.
Target also correlates to the 1.272 fib ext lvl.
what you think
people keep thinking it going to reverse lol
look to have a completed gartley then one setting up on the 4hr