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Forecast for GBP/USD for December 12, 2018

GBP/USD

In the British Parliament, the confusion only intensifies. Theresa May's plan for Brexit now does not suit even conservatives. The attempt to revise the agreement with the EU, as expected, met with strong resistance from the EU, where Angela Merkel is most indignant The pound lost 72 points at the additional pressure of the dollar. The price went under the embedded trend line of the price channel on the daily chart, the targets 1.2400 and 1.2300 are open.

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The material has been provided by InstaForex Company - www.instaforex.com