FXbanksy98

GBP/ USD Short

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OANDA:GBPUSD   ポンド/米ドル
Still waiting for the decision to be made in parliament today. It looks unlikely anything will be resolved and may see prices push to 1.265 support levels. However, if decisions are deemed to be positive which is unlikely, the price may hit previous support at 1.300.

2 indicators are showing bullish signals but this may wane and turn south. The third indicator is still bearish. However, it still has room for bulls to push price up and for all 3 indicators to give a signal.

In the next few days we have very important economic news coming out for the pound, so the markets will be volatile this coming week. However, the pound is mainly focused on Brexit and the Irish border.

Traders keep your eye out for any sudden news that's focused on Brexit.

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