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13.11.201808:15 Forex Analysis & Reviews: GBP / USD Forecast for November 13, 2018

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GBP / USD

The British pound once again stirred up. It seems that the close completion of the Brexit epic, and the successful one, was stopped yesterday. The EU rejected Theresa May's proposal. There were rumors saying that after the resignation of Transport Minister Joe Johnson on Friday, fours ministers are going to resign as a form of protest against May's proposal. And although the USA had its day off yesterday, the pound ended up losing 123 points.

Despite the events that have occurred, we are in not in the hurry to consider the option given a further fall in the British currency. There are two reasons for this: 1 - good and bad news on Brexit alternate with a clear constancy, 2 - a gap at the opening of the market on Monday remains not closed. Normally, gaps in British pound do not close for several months, but this happens on strong trends, which is not yet there now.

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