Fundamentalanalyssi
Sell of Sterling Pound for bad news of United Kingdom!!!Hello, this week Sterling Pound was the bad news of the No-Deal Brexit and investor is option to buy U.S. Dollar than buy Sterling Pound. Well, in H1 timeframe we found out with a Fibonacci speed resistance, that mean a Fibonacci's Fan, the trend is confirmed the 0.382% of Fibonacci's Fan and then, I entry in the 1.2934 USD to find down 160 pips o the drop while correlated the EUR/GBP is bullish about the ECB news!!!
The latest analysis that i show is to study Sterling Poudn is so difficult and hard because Sterling is an volatil asset's and the movement is so fasting, so so faster its movement that in 1% is 160 pips, it's so crazzy to know and studying this assets.
But now, we are in Daily and Sterling Pound is leading to the Daily yellow support, that is exactly what is our take profit.
Well guys, at the moment, this is my analysis that I make this week.