Has Support Become Resistance

Welcome back to a new week, filled with new possibilities and market turmoil. I never traded the GBPUSD because it was insane to trade, so I’m sticking to the sidelines and watching. It sure has been fun to watch.

The question in my mind now is, has the support line flipped to resistance now? Only time will tell.

Viva La Resistance!

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Brexit

I’m of the opinion that is will be good for the UK in the long run, but in the short term it will be very tumultuous for both the UK and the EU.

Source: Blot NMT Feed