GBP/USD Dives On Harsh 'Brexit' Expectations

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Cable failed to remain above the 1.27 level yesterday, having slumped to 1.26, finding support only at the monthly S2. Nevertheless, early during the Asian today all supports crumbled, causing the Pound to drop to 1.1950 dollars. The sell-off was triggered by growing fears that 'Brexit' will have a[​IMG]

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