Hi, traders! All signs specify that GBP will continue to weaken against USD. I consider that local minima will be updated.
The British ministers obviously promote the bearish scenario. The "rigid" Brexit option which is now most probable, will drag off pound far down.
Tomorrow there will be data on an index of business activity in production sector of Britain. It is expected that the indicator will be lower previous that will also not support pound.
MACD decreases, with a strong signal for sale. I expect by tomorrow a campaign to 1.3520 and 1.35.
The British ministers obviously promote the bearish scenario. The "rigid" Brexit option which is now most probable, will drag off pound far down.
Tomorrow there will be data on an index of business activity in production sector of Britain. It is expected that the indicator will be lower previous that will also not support pound.
MACD decreases, with a strong signal for sale. I expect by tomorrow a campaign to 1.3520 and 1.35.