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Britain Election effect on GBP/USD


The pound has known a steady decline ever since the brexit was announced. 

Boris Johnson, which made few announcements regarding the health policies and police forces, could cause the pound to experience a drop to the lowest level since 1985 if the UK will fulfill the Brexit idea and leave the EU without a signed deal. 

if you want to utilize this knowledge, you could take the sell position for GBP/USD. the target paid should be 1.2050.


GBP/USD chart 05.08.2019