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GBP/USD and BREXIT

Mar 23, 2017 at 15:40
Vistas 1,658
56 Replies
Miembro desde Jan 17, 2017   posts 8
Mar 23, 2017 at 15:40
The possible BREXIT results and its influence on GBP/USD currency pair.

Your opinion?
Miembro desde Apr 09, 2014   posts 834
Mar 27, 2017 at 05:39
Definitely, but I would not simply trying to predict any direction according to potential ''news''.

Miembro desde Feb 12, 2016   posts 522
Mar 29, 2017 at 13:15
Hello,
If any influence appears, this will affect GBP in all crosses not just GBP/USD.

My opinion is: Brexit is not news or unexpected market event and the market already priced it. So, basically a sharp or strong movement in GBP against the rest of currencies may appears, if anything that was not released so far came out. Al the rest is already calculated in current rates.
Miembro desde Nov 14, 2015   posts 325
Mar 29, 2017 at 13:22
Brexit trigger is not a mover. Its been expected since well, the vote. Its all about what the negotiations will yield. The lower pound came after the Scottish vote to have another referendum yesterday.
Miembro desde Feb 12, 2016   posts 522
Mar 30, 2017 at 08:38
Hello,
This is correct - Brexit trigger is not a mover.
The market will react strongly on something that is not expected: either something positive where the investors (big guys) will find option to make money, or negative and they will react because of the fear.
Miembro desde Apr 09, 2014   posts 834
Jun 25, 2017 at 23:15
May continue give statment in Brussels: ''Very clear that UK will leave EU, but not Europe''. Softer tone of Brexit talks, maybe?
Miembro desde Apr 09, 2014   posts 834
Jul 03, 2017 at 06:19
Gbp/Usd failed stay above 1.3030 level, correction movement continues before UK PMI data. We have a busy week ahead of us for both dollar and Pound which would change the trend.
Miembro desde Apr 09, 2014   posts 834
Jul 10, 2017 at 06:34
Immediate support level can be found around 1.2860/63, break below we are looking for further decline.
Miembro desde Feb 12, 2016   posts 522
Jul 14, 2017 at 08:38
During major news releases or events with strong impact over economic development, support and resistances not always work as the rest of the time :)
Miembro desde Apr 09, 2014   posts 834
Jul 24, 2017 at 06:50
Gbp/Usd seems limited to 1.3020/30 zone, continues showing no clear directional strength.
Miembro desde Apr 09, 2014   posts 834
Sep 04, 2017 at 06:31
Brexit negotiations are showing ''no progress'', so does Pound. The pair is consolidating around 1.2950/60, no clear directional strength.
Miembro desde Apr 09, 2014   posts 834
Sep 11, 2017 at 06:40
While the pair maintains strong upward momentum, rising to resistance level at 1.3225, the lack of progress on Brexit talking could hold back the gains this week.
Miembro desde Apr 09, 2014   posts 834
Sep 18, 2017 at 06:33
Pound hit the highest since Brexit talk started, found resistance around 1.3615/1.3620 zone. I'm expecting consolidation in the beginning of the week before the pair uptrend extend further.
Miembro desde Apr 09, 2014   posts 834
Oct 09, 2017 at 06:34
The absence of a clear Brexit strategy continue drive the pair down, limited upward correction movements while Gbp/Usd is still holding above 1.3000 psychological handle.
Miembro desde Apr 09, 2014   posts 834
Oct 16, 2017 at 07:26
This week all focus on the EU summit and Theresa May's 'emergency' trip to Brussels on Monday, it's all about Brexit these days.
Miembro desde Apr 09, 2014   posts 834
Oct 23, 2017 at 06:25
Gbp/Usd is neutral around 1.3180/90, showing no clear directional strength for now. Market continue to focus on any further Brexit development and we have UK GDP this week too.
Miembro desde Apr 09, 2014   posts 834
Oct 30, 2017 at 07:41
Brexit talks continue to be in centre stage, Theresa May under pressure to leave EU with no deal. Pound is consolidating in the negative territory just above 1.31 level, showing no clear directional strength for now.
Miembro desde Apr 09, 2014   posts 834
Nov 06, 2017 at 07:52
Brexit negotiations have seen no progress so far, uncertainty of the future Brexit talks will remain pressure on Pound. Gbp/Usd is consolidating around mid level between 1.30 to 1.31, showing no directional strength short term.
Miembro desde Apr 09, 2014   posts 834
Nov 13, 2017 at 07:29
Gbp/Usd reacted on the news that 40 members of the PM's Conservative party signing a letter of no confidence in Theresa May's leadership, opened the week with bearish gap and drop to around 1.3120 level. I'm expecting further decline on Pound.
Miembro desde Apr 09, 2014   posts 834
Nov 20, 2017 at 07:46
Gbp/Usd continue ranging between 1.302 and 1.325 with limited upward strength. The market continue to focus on Brexit.
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