As patience grows thin on PM Theresa May's tenure and Brexit deal, global traders have put a beating on the British Pound, sending the 
GBPUSD to fresh new lows for the year.
To add more fuel to the fire, on a technical level, prices remain firmly below the 10-Day EMA without any sign of a reversal.
With a political crisis looming, we see more downside for theGBPUSD, with the currency pair trading as low as GBPUSD 1.25 in a few weeks time
GBPUSD to fresh new lows for the year. To add more fuel to the fire, on a technical level, prices remain firmly below the 10-Day EMA without any sign of a reversal.
With a political crisis looming, we see more downside for the
GBPUSD, with the currency pair trading as low as GBPUSD 1.25 in a few weeks time
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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.