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Brexit Brings GB Pound Down

Larson&Holz

Issues concerning the Irish border which definitely delay the next Brexit negotiations stage, also affect the GBP/USD graph. Pound has fallen below the point 1,3300. After reaching the minimum on the 2nd of October, 2017, - 1,3383, pounds is falling towards the lower side – about 1,3305. Any downward move will drag it to the next level 1.3244/1.3183/1.3175.

Larson&Holz analysts recommend entering the deal to sell the currency pair GBP/USD aiming at 1,3244.

Larson&Holz Review

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