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GBP/USD: Brexit, Burgers and Big Generational Support Levels

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Unless you’ve been living under a rock, you know that GBP/USD has been in freefall over the last several weeks amidst fears of a potential “Brexit” (UK exit from the European Union) come June. But in the current short-attention-span/24-hour news cycle/twitter zeitgeist, it’s easy to lose sight of the truly long-term picture. Not only has GBP/USD dropped down to test its lows from the Great Financial Crisis, but on a LONG-term perspective, the pair is actually testing a 30-year generational

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