Early this month I've shared in seminars that GBPUSD is heading towards 1.4630 range. Didn't know what's going to push it higher, could it be - 1. A raise of interest rate, 2. UK decided to throw another referendum after gotten the EU deal and vote result is not to leave the EU or 3. They got a good deal from China and or US and form strong trade relation 4. EU situation got worst and shows that they had the right move?
This is a similar anlaysis I did in Dec 2015 when I spotted GBPUSD is going to nose dive to $1.10-$1.20 range without knowing they are going to call for a referendum for Brexit.
Follow us closely as we are looking for opportunity to long when the market has make a good correction, hope we still have the chance to.
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