The counter is pricing in a hard brexit.
Hence, it is set to make an inverse parabolic move.
Traders can go short taking cue from the trendline we indicated in the chart.
Hence, it is set to make an inverse parabolic move.
Traders can go short taking cue from the trendline we indicated in the chart.
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Disclaimer
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.