UK elections on Thursday
GBP has had a run-up on the back of polling data which shows that there is a consensus for a Tory majority government.
As the election day gets close - it should be expected that the GBP falls into a trading range while we wait for the outcome.
The weekly pivot would be the most obvious place for the GBPJPY to find a level to jump off from should the Conservatives get the win
GBP has had a run-up on the back of polling data which shows that there is a consensus for a Tory majority government.
As the election day gets close - it should be expected that the GBP falls into a trading range while we wait for the outcome.
The weekly pivot would be the most obvious place for the GBPJPY to find a level to jump off from should the Conservatives get the win
Note
The total UK trade deficit (goods and services) widened £2.3 billion to £7.2 billion in the three months to October 2019, as imports grew faster than exports ow.ly/iUAF30q0xSKTrade closed: stop reached
After the 3rd attempt to the downside - moved stops to Break Even.However, the overall idea did not pan out as I had expected.
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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.