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Pound weakness
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Pound weakness

  #1 (permalink)
 Vendor: tradingtechnologies.com 
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Pound weakness

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Where does the slide in GBPUSD end? I was surprised to see cable futures break below 1.28.

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Last edited by TradingTech; October 4th, 2016 at 11:04 AM.
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  #2 (permalink)
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Where does the slide in GBPUSD end?


Wherever it is when the FTSE-100 stops making new highs, I think?

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  #3 (permalink)
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Don't think it's going away until there's more certainty around the post brexit international trade mechanisms. Until there's some confidence/certainty it's just going to get pounded (no pun intended).

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Weekly Chart GBP.USD

I don't trade this pair but I might. The Pound just broke out of the wedge.
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