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Brexitgbpusd

GU long.. too much LOVE !!The level to focus on is 1.3526-1.3549, as this area includes two separate ABC targets from January and February. A break above that resistance range is needed to assume that a more meaningful rally is perhaps developing. n the downside if this pair breaks below 1.3170 then it will open door for 1.3000 area. if it breaks below 1.3150 then i will look for my entry point to sell and aim for 'D' point. All the best traders for this week.. its 1 am , going to sleep. good night :]]
Long
by Shourov_kk
Red bull gives you wiiings.... GJ is about to drink someWe could see price test 142.733 area, if price tests and the bounces we can see a lovely little run upto 148.000 area, if price breaks our 142.733 support then the next area of interest is the 141.428 zone which could be used as a turning point for a bullish run. Our view is price will bounce off our 142.733 support area and make a good run to the upside and reach our zone, but we have to keep an open mind and prepare for every outcome as GBP is very volatile at the minute around Brexit talks and news.
Long
by Apex_Gregg
Critical Brexit VoteHello traders, As you can clearly notice, sterling has been very volatile already ahead of Brexit vote. The pair is trading now at 1.284 down 0.17%. It is already widely expected that PM May will lose the vote tonight, the critical question here is by how much. A defeat by over 100 votes is considered a major threat to the brexit deal and will drag sterling lower. Therefore 2 scenarios exist: 1st: PM May loses by 100 votes or more ----> GBP/USD sharp decline to 1.25 and 1.20 in extension ( depends on the outcome ). 2nd: PM May loses by less than 60 votes ---> GBP/USD might trade sideways up and down ( also depends on the outcome ). I advice to stay away from this pair as very high volatility is expected as well as wide spreads. Trade safe and Good Luck
by RamziAbouAbdallah-CMT