GBP/USD Rollercoaster Continues

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

The GBP/USD Rollercoaster continues. The Brexit deadline expires today and there is no agreement yet. Roller coaster continues.

Depending on the outcome of the Brexit negotiations and whether talks continue or not, the Brexit rollercoaster continues. This is the market risk. Technically sellers come around the 1.3045-56 zone, shile buyers show within the 1.2885-98 zone. Targets are pivot point in-between. Breakouts to the upside are possible above 1.3080 towards 1.3120 and 1.3159. Breakouts to the bottom are possible below 1.2860 towards 1.2840 and 1.2805.

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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