24.12.2019
The pair is under pressure due to the high risk of a no-deal Brexit in January. This risk will continue to put pressure on the British currency.
The price is below the middle Bollinger, at SMA 5, but below SMA 14. RSI is on the oversold zone line. Stoch have reversed upwards.
Trading recommendations:
Sell the pair after it crosses the level of 1.2900 with its probable drop to 1.2765.
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