After looking on the daily 4hr chart this pair is clearly on a downtrend, GBP is weakening against most major currencies due to fundamental reasons with Brexit, i believe we are going to see a restest of the support level and 0.236 fib giving us an opportunity to take 100 pips from this trade, I will be looking to enter this after NFP results today.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.