GBPUSD Brexit washout

[athlonmank8]

Still room to go lower

 

[Sig]

Interestingly, this one came up on my monthly chart analysis at the end of November. My indicators suggest there is a possibility that December will be a higher close for this pair. Watching how this trades off the most recent low on Dec. 4.

Brilliant "indicators", those are! Somehow managed to completely miss the real world Brexit actions that are what actually drive the GBP. Shocking, just shocking!

 

[maxinger]

Indeed it went down alot yesterday

 

[Dizaj]

It is quite normal that markets are immediatelly pricing all news. Currently, GBPUSD is driven by unsertainity, hense, some increased volatility can be expected vs. all other major currencies. Final and approved terms of BREXIT deal will drive future GBP levels.

 

[luisHK]

As a brit and also a anarchist, this is going to be interesting!!


Not May's fault, can't leave the EU say fuck you and expect them to give you the same deal we've got currently, Cancel leaving or suffer are the only options, blame UKIP!!

I hope so much UK cancels Brexit. Seriously.

 

[athlonmank8]

I hope so much UK cancels Brexit. Seriously.

Id love to see the move it creates. Would be huge

 

[luisHK]

Id love to see the move it creates. Would be huge

Tbh I don t really care about the implications in the stock market, and have been out of GBP and british stocks for a while. But with 2 kids holding an EU passport and using english as their Mother tongue, Brexit means for them losing their most obvious career starting destination in a few years.Besides Having a strong economy London seems like a Cool City to live in. Used to go There often on Business and always Liked it.

 

[luisHK]

Already found it upseting with UK out of Shenghen, which caused us some agravation than kept us from Going back for several years, but with Brexit it Sounds much worse.

 

[tomorton]

Interestingly, this one came up on my monthly chart analysis at the end of November. My indicators suggest there is a possibility that December will be a higher close for this pair. Watching how this trades off the most recent low on Dec. 4.

What indicators are these please?

 

[Turveyd]

I hope so much UK cancels Brexit. Seriously.

No they won't / Can't, cause if we are in the EU on the 1st April 2019 then the EU laws stopping tax evasion will become UK Law, then a few billionaires won't be able to save 50p ( relative worth to them ) on there tax bill, and the richer you are the tighter you are!