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GBPUSD - Another Chance to Enter Long?

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#GBP/USD# GBPUSD - Another Chance to Enter Long?

I think GU will bounce off of our fib line and continue its upward movement.

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A bit too volatile for my liking, given the uncertainties surrounding the Brexit talks at the moment. I think a clear direction can be seen once we get a clearer picture on a firm deal or no deal with Brexit.
Pound faces increasing risks from the domestic scenario, namely the renewed dovish stance from the BoE and the omnipresent concerns around Brexit talks and the EU-UK trade negotiations.

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