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FX.co ★ Analysis for GBP/USD on November 25, 2019

Analysis for GBP/USD on November 25, 2019

A very short post, about the Cable.

Just a few weeks ago, it has been in the middle of everybody's attention with all that Brexit drama going on: while traders were more cautios amid the US-China trade deal uncertainty, the pairs moved higher.

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If we look at some long term chart, GBPUSD is one of the most interesting cross among the majors. Have a look at the weekly one and at how that downtrend was reduced to dust:

Analysis for GBP/USD on November 25, 2019

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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