GBP/USD Rate Threatens Bull Trend Ahead of Brexit Deadline
From dailyfx.com
The British Pound remains battered after days of strenuous negotiations as Prime Minister Theresa May fails to secure a Brexit deal, and the GBP/USD exchange rate may exhibit a more bearish behavior over the coming days as both price and the Relative Strength Index (RSI) threaten the upwards trends from late last year. Looking for a technical perspective on the GBP? Check out the Weekly GBP Technical Forecast. Fundamental Forecast for British Pound: Bearish The Brexit saga continues as the third defeat for Prime Minister May forces Parliament to lodge alternative options ahead of the April 12 deadline, with the ...
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