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Anyone else feeling that this will be a week to remember for the British Pound? As Boris Johnson's October 15th Brexit deadline looms, fears remain elevated over a messy divorce between the United Kingdom and the European Union by the end of 2020. Earlier today we covered the fundamentals influencing the Pound, now its time for us to take a deep dive into the technicals. It is safe to say that since July 2016 (one month after the historic referendum), the GBPUSD has resided within a very wide range with support around 1.2100 and resistance around 1.3140. There... Read More
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