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GBP/USD

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  #1  
Old 22-01-2019, 17:14
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Default GBP/USD

GBP/USD: Has a fading opportunity arisen or augmented just stay when the soft Brexit trade?

GBP/USD has been enlarged bid since the meaningful vote a proposed speaking speculation that Brexit will all come comfortably in the ensue less, or not at all.
The hours of day's until the lawmaker's decision upon a proposal to shove assertion Article 50, led by Tory MP Boles and Labours Cooper, are going to be affected and go.


Chips are the length of for a soft Brexit, an explanation of Article 50, a second referendum and BoE hiking rates upon certain Brexit consequences for the UK economy.
The bears have started to recognize terms gone the fact that the state is of the mind that Parliament will not let a hard Brexit to offer the place. It is apparent that MPs will force PM May to extend Article 50 until the impasse can be firm and a soft Brexit accord that can be attributed in The Commons and finally applied.

Hence, then that we see hermetic UK data, it raises the odds of a BoE rate hike considering the Brexit dust has approved which would take an undervalued pound sterling much future and the to the lead flora and fauna have been out catching all the worms ever since the meaningful vote.
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  #2  
Old 23-04-2020, 16:46
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Default Re: GBP/USD

It is consolidating around 1.2365 but we may see it rallying by the end of the week, I think.
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  #3  
Old 26-04-2020, 17:29
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Default Re: GBP/USD

Sideways consolidation continues but next target is likely 1.2400.
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  #4  
Old 29-04-2020, 16:30
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Default Re: GBP/USD

There is almost no volatility, GBP/USD remains undecided for now.
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  #5  
Old 03-05-2020, 13:12
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Default Re: GBP/USD

The pair remains undecided, let's see how it will develop next week.
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  #6  
Old 06-05-2020, 15:55
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Default Re: GBP/USD

Sideways consolidation continues, next target may be at 1.2300.
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  #7  
Old 09-05-2020, 14:17
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Default Re: GBP/USD

There were no changes next week, hopefully it starts rallying in the next few days.
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  #8  
Old 07-06-2020, 15:13
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Default Re: GBP/USD

It found some resistance at 1.2730 but it is quite bullish so the move north will likely continue next week.
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  #9  
Old 07-06-2020, 18:04
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Default Re: GBP/USD

Quote:
Originally Posted by mlawson71 View Post
It found some resistance at 1.2730 but it is quite bullish so the move north will likely continue next week.
Yes Pound is strong because of PMI Johnson concessions to EU, weak dollar adds fuel to the rally so I think we may soon see 1.30
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  #10  
Old 08-06-2020, 16:32
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Default Re: GBP/USD

1.3000 is a long way off from 1.2700, so I am not sure it will happen in the short term, but it's definitely quite bullish.
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