TogamiTrader

GBP/CHF We Will Not Be Fooled

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FX:GBPCHF   Paun British / Franc Swiss
You are not going to fool the bears of the GBP. That Brexit deal is not going pass through parliament. It is worse than May's past deals and has received criticism from big-time pro-Brexiter Nigel Farage: "not great, not new, and NOT Brexit." High volume showing resistance around 200-Day SMA. Just because the rest of Europe likes it doesn't mean it is favourable for the UK. Bets are on for the deal to collapse as usual. We will not be fooled by the recent bull trend, we are better than that. With all my confidence, realize surprises do happen, so let's proceed with caution.
Komen:
The deal has been delayed as predicted... Happy Trading Week ahead.
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