For the last many weeks, GBPUSD has been under a lot of pressure due to Brexit. Analysts are of the opinion that GBPUSD will be in a downtrend for a long time. Did you read the post on how to trade with pivot points? Over the weekend, Theresa May UK Prime Minister again hinted at… Continue reading GBPUSD Opens Week With A Huge 200 Pips Gap
Tag: gbp/usd
GBP/USD Opens With A Huge 150 Pip Sunday Gap
What happened over the weekend that GBP/USD has opened with a huge Sunday Gap of more than 150 pips. Currency traders were not anticipating anything drastic over the weekend but something happened over the weekend that has forced GBP/USD on a downward trajectory. Sterling fell to a 10-month low while British shares and government bonds… Continue reading GBP/USD Opens With A Huge 150 Pip Sunday Gap