GBP/USD: Pound Plummets Through Key Support as May Calls Off Vote
It’s been a rough start to the week for GBP bulls, and GBP/USD pushed down to fresh 18-month lows this morning, taking out a big support level in the process.
It’s been a rough start to the week for GBP bulls, and GBP/USD pushed down to fresh 18-month lows this morning, taking out a big support level in the process.
The ASX 200 has broken down to a new low for 2018, in the process putting focus on the long climb up from the lows of 2016
Brexit news propelled EUR/GBP prices higher despite technical bearish signs. If August 2018 highs are breached, bullish confirmation may result in testing August 2017 highs thereafter.
From a macro standpoint the DAX looks headed considerably lower, but in the near-term selling may be overdone.