GBPUSD - Pound Getting Pounded!

After breaking a key support level the Sterling is getting pounded. With Brexit in Limbo, Theresa May on tour trying to regain some support, and Merkle joining the party, the Pound is under pressure and the dollar continues to strengthen. Look for additional weakness until they come to some agreement. If the Brexit deal fails, the sterling will surely lose it's luster. Not looking good for May.

Current Position: Short GBPUSD