Sirwin
Sirwin

The British Pound is weakening


GBPUSD

Faced with the expected better data for the US and a slightly worsening situation in the UK, the currency is seeing a weakening with a few pairs. The caused customs problems at the borders with Ireland, the increasing number of new COVID infections and the slowing of the easing of pandemic restrictions have an impact on the current correction, but also on the general situation in Europe, even though the United Kingdom is no longer a member of the Community. The chart shows the possible range that you have already seen before. Currently, after crossing the dashed support line, we have a signal for further declines. The arrow at the bottom shows where I will wait with long position.

gbpusd

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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