Forex GBP/USD Daily Video, October 15, 2020

[Sive Morten]

Good morning,

GBP has best chances among the other to turn situation positive. That's why we still keep on the table our upside scenario with 1.3170 target:

 

[Brett Reynolds]

£Cable very tricky at the moment with all that's going on! Any announcement on Trade Deal with EU and current Covid situation makes situation too nasty!
There is however 'huge Falling wedge on Monthly Chart..going back many years but we need to clear and hold above 1.34 area for that! In meantime...1.27 is nearest downside target!

 

[Fruby]

Thank you for your analysis

 

[ForexTus]

Nice post, thank you