GBPUSD trading ideas ahead Scotland referendum

GBPUSD trading is in consolidation waiting for the Scotland referendum results. The consolidation will continue till the vote predict After the highest level of 1.7179 on 4th of July 2014 that is the record level since October 2008 the Pound loss over 1000 pips in the last two months ahead the key referendum for independence of Scotland. expects flat trading till the time of the referendum. If Scotland vote for independence recommend to sell Pound otherwise we recommend to open long at the current levels of 1.62-1.63 with target at 1.68 within two weeks.

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