BradleyBell

GBPCHF - Will GBP Crash? Long Term Decending Triagle - BREXIT?

Short
FX_IDC:GBPCHF   Sterlina / Franco svizzero
Higher time frames on many GBP pairs are showing descending triangles.

Recent News of Brexit - www.independent.co.uk/topic/brexit

And Per this article - www.bbc.co.uk/news/uk-politics-32810887

"What's happening now?

The UK has voted to leave the European Union. It is scheduled to depart at 11pm UK time on Friday 29 March, 2019. The UK and EU have provisionally agreed on the three "divorce" issues of how much the UK owes the EU, what happens to the Northern Ireland border and what happens to UK citizens living elsewhere in the EU and EU citizens living in the UK. Talks are now focusing on the detail of those issues - there is yet to be agreement on how to avoid having a physical Northern Ireland border - and on future relations. To buy more time, the two sides have agreed on a 21-month "transition" period to smooth the way to post-Brexit relations. The UK cabinet has just agreed how it sees those future relations working and will now be seeing if the EU agrees."

Time will tell
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