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Forex technical analysis: GBPUSD trades near low levels,but...

Discussion in 'Technical Analysis' started by ForexLive, Jun 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Be careful... The GBPUSD is trading near the day lows, but remember, this pair will be influenced by squaring up flows as we head into the weekend. With the BREXIT getting closer and closer and the vote tight, the polls are market moving. Last week there was a gap lower. There could be a gap lower or higher depending on the winds of the change. So any trade in this pair should be closed before the weekend. That is my advise at least.

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