Pound feels a scent of trouble. Forecast as of 03.12.2020

The hope for a Brexit deal sent the GBPUSD 5% up in November. In December, the markets have doubts about the EU-UK trade deal. This is not the only trouble of the sterling. Let us discuss the prospect of the sterling and make up a GBPUSD trading plan.

Weekly GBPUSD fundamental forecast

The key issue in any divorce, like any trade deal, is money. How much is the EU willing to pay for European fishing companies' access to the UK waters? Their annual revenues are € 650 billion, and Brussels' offer of 18%, equivalent to € 120 billion, was dismissed… Read full author’s opinion and review in blog of #LiteForex