GBPUSD : All The Focus Is on The U.S Election

GBPUSD : All The Focus Is on The U.S Election

The US election is keeping all markets under a lot of pressure.

The whole focus is on who will win the election because it will also determine the fate of the currency for the next 2 years.

It will be interesting and very dangerous at the same time.

Technical Analysis:
Price is developing a large contracting pattern with the actual data that we actually have.

Chances are it could go higher given that the market is focused on a Republican victory this time.

The first and strongest resistance will be near 1.1720

After this point, anything can happen.

Thank you and Good Luck!

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