Hi FX traders,
May resigned from U.K prime minister today. I was bullish on GBP as U.K presented strong economic data this morning.
GBP/USD went up to 1.27148 and retraced back to support (1.266xx) area after May's resignation news. GBP pair is currently testing multi-day support area (1.266xx) but I am expecting it would go lower as U.K. just faced with new obstacle with Brexit deal.
May resigned from U.K prime minister today. I was bullish on GBP as U.K presented strong economic data this morning.
GBP/USD went up to 1.27148 and retraced back to support (1.266xx) area after May's resignation news. GBP pair is currently testing multi-day support area (1.266xx) but I am expecting it would go lower as U.K. just faced with new obstacle with Brexit deal.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.