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london red  08:16:58 GMT - 12/02/2020  
deal is likely to be announced 10/11th dec if at all and even if a deal, it will be bare bones, so cable may well already have made its closing high. intraday will see a charge of a few hundred pips but it will close lower on the day when announced. this is because anything they arrange now will be far worse than the deal the uk presently enjoys so it will be a drift lower for cable into the news year. so if long take profits quickly if a deal is announced as it will be better to travel than arrive as most of the mkt is already long.

kl shawn  07:24:24 GMT - 12/02/2020  
Cheers guys, and well done jkt. abel for pointing out 13320 wonderful support zone. Yes, it was very clear from the chart, not just hindsight but at that time too. Retails sentiment has been crazily short cable, understandably from brexit fear news being blown everywhere including on GV's blog i remember when it was around 1.3180-1.32

kl shawn 12:12 GMT 12/01/2020
bought 13328, stop 13291, target open

kl shawn  12:12:07 GMT - 12/01/2020  
bought 13328, stop 13291, target open

jkt abel  12:10:46 GMT - 12/01/2020  
again and again gbpusd 13320 is a buy zone

Dubai MA  12:02:00 GMT - 12/01/2020  
Is there Brexit news?

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