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| GBP/USD weekly chart, source:FXDD.com |
cf. [GBP] Falling Pound 2019 0618
cf. [GBP] Triangle pattern and Brexit 2019 0412
English Prime Minister Boris Johnson declared Brexit on October 31. He has told England would exit EU though hard Brexit or no-deal Brexit. And he announced the freedom of residency and passage of EU citizens in England after Brexit. His planned policy has made Europeans including English panic.
As we have been informed, the main issue on British pound is Brexit. And Prime Minister Johnson's speak affects British Pound down.
Whether hard Brexit or soft Brexit, Pound seems to decide upward or downward after October 31. And pound continues loss of its value.
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