News

France’s Macron: Brexit choice is simple. No new negotiation



France’s Macron: Brexit choice is simple. No new negotiation




















Reiterates others thoughts saying take it or leave it…..

He adds:

  • British must explain what Brexit delay would bring
  • Any Brexit delay mush have a purpose
  • Any Brexit solution to Brexit is in London, world not waiting.
The GBPUSD reached just shy of the low of the next target at 1.3131-41 (the high reached 1.32302 – see last post).  Sellers against that area are hoping for an end of the trend. Looking at the 5-minute chart below, the pair’s last run higher took the price from 1.3173 to 1.3230. IN the process, the pair did move above the 1.3200 level and a topside trend line at 1.3210 now.  The 50% of that move comes in at 1.3202. If the high is in place against the next target, a move below the 1.3210 and then the 1.3202 (calll it 1.3200) is needed. Without it, the buyers are still more in control intraday.

ForexLive


Articles You May Like

UK’s Hunt: Lawmakers will have to consider consequences of failing to deliver a Brexit deal
Bull Trap Trading Strategy for Forex Traders 🍆
(LIVE SCALPING) HE DID IT AGAIN!!! – So Darn Easy Forex™
Germany May ZEW survey current situation 8.2 vs 6.3 expected
Forex Trading Beginner: 3 Things You Must Learn From Day #1

Leave a Reply

Your email address will not be published. Required fields are marked *