GBP/USD and BREXIT
Miembro desde May 23, 2017
posts 13
Jun 27, 2018 at 06:14
I expect the sideways trading to continue until much closer to March 2019. This is likely to be a late minute deal so nothing much will happen until then. There is likely to be a lot of volatility closer to the deadline though
Miembro desde Jun 28, 2018
posts 10
Jun 28, 2018 at 13:32
Pound just keeps on falling from what I can see. I wouldn't be surprised if it goes down to the brexit lows by the end of the year. There is nothing positive about the UK economy or brexit. I doubt interest rates will rise at all now
Jul 02, 2018 at 10:26
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
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.
Miembro desde Dec 25, 2017
posts 24
Jul 10, 2018 at 10:10
Brexit. The exit you're having when you're not having an exit!
Jul 16, 2018 at 07:15
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
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.
Miembro desde Oct 11, 2013
posts 775
Sep 27, 2018 at 23:56
Very interesting comments and points of view from all of you. The Brexit issue will keep affecting the GBPUSD, but lets keep in mind that the FED's shift in monetary policy may also affect the pair since it includes the USD in it.
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