Simon_says

GBPUSD - snap elections predicted

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FX:GBPUSD   Paun British / Dolar A.S.
Published that plot 18 days ago:

Snap elections will be organised on June 8th, please remember this date as it may be historical day for GBP.
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Dagangan aktif:
GBP moved up as expected however, soon will lose it's momentum.
Next week 3rd of May, UK holds snap elections.
I predict conservative party to win which will finally trigger Brexit negotiations.
Last time British people voted to leave EU, price of GBP moved down while gold moved up. I expect exactly the same to happen.

I would short GBP/USD or GBP/EUR and go long gold.

Moreover, 2nd round of French elections will be held in just few days after British elections. I predict E.Marcon to win that in turn will strengthen EU, EUR will move up pushing British currency to new lows.
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