Looking into GBPUSD, Fading hopes for a post brexit deal caused some fresh selling for the cable currency on Thursday.
We clearly see that GBPUSD rejected 1.35400 level, this is actually bad for the cable because historically we find out that the pair slowly slides and dives down from this area.
While long term, I see GBPUSD coming to the lows of 1.27 in the nearest future, short term we may see some short term buys from the 1.32700 level however the moment we break under this level the path for out very first Target of 1.309 is clear.
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