GBPUSD Britsh Pound rate forecast, Long Term SELL(Short) - Forex Trading Today
The situation in the UK does not seem good. Many people talk about Brexit (British withdrawal from the European Union). Of course, that can be one reason.
However, it is necessary to see the truth as it is, hidden in the Brexit. We need to see what the UK is based on and how the base is changing.
The pound is likely to fall more deeply. It would be better to find opportunities to sell.
GBPUSD Forecast and Trading (Britsh Pound to US Dollar rate):
Long Term SELL(Short)
Eentry Price above 1.3076
1st Target Price 1.1915 (+0.1161pt, +8.88%)
2nd Target Price 1.0583 (+0.2493pt, +19.07%)
Stoploss Price 1.3391 (-0.0315pt, -2.41%)
[GBPUSD exchange rate monthly chart]
However, it is necessary to see the truth as it is, hidden in the Brexit. We need to see what the UK is based on and how the base is changing.
The pound is likely to fall more deeply. It would be better to find opportunities to sell.
GBPUSD Forecast and Trading (Britsh Pound to US Dollar rate):
Long Term SELL(Short)
Eentry Price above 1.3076
1st Target Price 1.1915 (+0.1161pt, +8.88%)
2nd Target Price 1.0583 (+0.2493pt, +19.07%)
Stoploss Price 1.3391 (-0.0315pt, -2.41%)
[GBPUSD exchange rate monthly chart]