Pair: XAUUSD (GOLD)
Order Type: Sell
Price: 1919.50 (Market price)
Take Profit: 1890.00
Stop Loss: 1929.00
Order Type: Sell
Price: 1919.50 (Market price)
Take Profit: 1890.00
Stop Loss: 1929.00
Pair: GBPUSD
Type: Sell
Price: 1.2985 (Market price)
Take Profit: 1.2910
Stop Loss: 1.3040
Type: Sell
Price: 1.2985 (Market price)
Take Profit: 1.2910
Stop Loss: 1.3040
Pair: EURUSD
Type: Sell
Price: 1.1797 (Market Price)
Take Profit: 1.1780
Stop Loss: 1.1812
Type: Sell
Price: 1.1797 (Market Price)
Take Profit: 1.1780
Stop Loss: 1.1812
GBP/USD: Cable's Stable Floor Around 1.28 But Uncertainty Is Acute - TD
TD Research discusses GBP outlook and sees GBP/USD making a stable floor around 1.28 in the near-term.
"A deal remains our baseline scenario. A No-Deal outcome is still possible, however. With the 31 December deadline approaching, chances of an accident have likely risen, though sit around 20%." TD notes.
"Brexit remains a major risk, but we now see this more in tactical than strategic terms. The range of outcomes has narrowed and the “Deal” on the table represents a very hard Brexit...At current levels, most of Brexit’s damage may already be priced, but the situation remains highly fluid, and uncertainty is acute," TD adds.
TD Research discusses GBP outlook and sees GBP/USD making a stable floor around 1.28 in the near-term.
"A deal remains our baseline scenario. A No-Deal outcome is still possible, however. With the 31 December deadline approaching, chances of an accident have likely risen, though sit around 20%." TD notes.
"Brexit remains a major risk, but we now see this more in tactical than strategic terms. The range of outcomes has narrowed and the “Deal” on the table represents a very hard Brexit...At current levels, most of Brexit’s damage may already be priced, but the situation remains highly fluid, and uncertainty is acute," TD adds.