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GBP/USD and BREXIT
Member Since May 23, 2017
13 posts
Member Since Jun 28, 2018
10 posts
Jul 02, 2018 at 10:26
Member Since Dec 11, 2017
229 posts
Dollar strength and uncertainty of Brexit continue to give pressure to GBP/Usd. Some big company like BMW and Airbus has said they would consider leaving the UK if ''no deal'' in recent weeks. Let's focus on further Brexit development this week.
Jul 09, 2018 at 10:38
Member Since Dec 11, 2017
229 posts
After the UK government decided to choose a softer Brexit, the news decreased the Brexit uncertainty in the short-term. Even the resignation of David Davis could not stop Pounds recovery. Immediate resistance can be seen at 1.3360, move beyond would lead to further upward movement.
Member Since Dec 25, 2017
24 posts
Jul 16, 2018 at 07:15
Member Since Dec 11, 2017
229 posts
Pounds suffered from Brexit uncertainty, somehow what helps the Pound recover were comments from US President Trump said a trade deal with UK post-Brexit is still possible. The pair aims higher, next immediate resistance is at 1.3285.
Jul 23, 2018 at 10:12
Member Since Dec 11, 2017
229 posts
With latest Brexit proposal has been rejected by EU leaders in Brussels, traders await new Brexit headline while GBP/Usd steady around 1.31. Immediate resistance can be found at 1.3155, the pair will be expected to hold near it for the short term.
Member Since Oct 11, 2013
775 posts
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