29.01.2019
GBPUSD
The pair is trading above 1.3125 in anticipation of today’s Brexit vote in the British Parliament. The lack of any negative result may lead to the pair’s reversal and significant drop.
The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the level of 50% and is slowly moving down. Stoch indicate a slower decline.
Trading recommendations:
If the pair goes below 1.3125, it may drop further down to 1.2950.
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