TheAnonymousBanker

GBPUSD: false break of the lows or bearish continuation?

FX:GBPUSD   Brittiska pund/Amerikanska dollar
The technical situation on the cable needs further clarification, elections approach UK (May 7) and historically has seen a weakening of the pound, so it will be this time? I do not know if it will be so, but this week will be crucial, so my approach will be defensive, and if I will enter to the market, I will do it with reduced size.
It will be important to monitor the opening and especially the closing on Monday to find out if the cable will definitely going to see new highs or new lows

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