GBP Price Outlook: More Weakness Likely as Brexit Talks Near Collapse

GBP price, news and analysis:

英镑价格，新闻和分析：

• GBPUSD could extend its slide as UK Prime Minister Theresa May is urged to end the Brexit talks between her ruling Conservatives and the opposition Labour Party.

  英镑兑美元可能延续其作为英国首相的下滑特蕾莎·梅被敦促结束其执政的保守党与反对派工党之间的英国脱欧谈判。

• Having already fallen below the psychologically-important 1.30 level, a drop in GBPUSD towards its February lows cannot be ruled out.

  已经跌破心理上重要的1.30水平，不能排除英镑兑美元跌至二月份的低点。

Sterling pressure could intensify

英镑压力可能加剧

UK Prime Minister Theresa May looks to be on the verge of abandoning talks between her ruling Conservatives and the opposition Labour Party designed to reach a Brexit compromise acceptable to a majority of members of the UK Parliament.

英国首相特蕾莎·梅似乎即将放弃执政的保守党与反对派工党之间的谈判，该工党旨在达成英国议会大多数成员可以接受的英国脱欧妥协。

According to reports, senior Conservatives are urging her to end the discussions, while the pressure on her to resign as Prime Minister is also intensifying. After Mondays fall in GBPUSD below the 1.30 level in late afternoon trading in Europe, that could mean further weakness ahead.

据报道，高级保守党敦促她结束讨论，而她辞去首相的压力也在加剧。周一英镑兑美元在欧洲午后交易时段下跌至1.30水平以下，这可能意味着未来进一步走软。

GBPUSD Price Chart, Hourly Timeframe (May 3-14, 2019)

英镑兑美元价格走势图，每小时时间表（2019年5月3日至14日）

Chart by IG (You can click on it for a larger image)

IG图表（您可以点击它查看大图）

DailyFX poll: Corbyn could be best successor to PM May for GBP

DailyFX民意调查显示：Corbyn可能成为PM May的最佳接班人

As the chart above shows, GBPUSD has been trending lower since the beginning of last week and, for technical analysts, an obvious first target is the April 29 low at 1.2865. However, below that, there is little further support ahead of February 14s 1.2773 low.

如上图所示，自上周初以来英镑兑美元一直走低，而对于技术分析师来说，明显的第一个目标是4月29日的低点1.2865。然而，在此之下，在2月14日1.2773低点之前几乎没有进一步的支撑。

There is a warning signal too from the IG client sentiment data. The figures, which show how retail traders are positioned, show 70.8% of traders are net-long, with the ratio of traders long to short at 2.43 to 1. In fact, traders have remained net-long since May 6, when GBPUSD traded near 1.3092; the price has moved 1.1% lower since then. The number of traders net-long is 7.8% higher than yesterday and 24.8% higher from last week, while the number of traders net-short is 4.1% higher than yesterday but 26.5% lower from last week.

IG客户端情绪数据也有一个警告信号。这些数据显示了零售交易商的定位，显示70.8％的交易者是净多头，交易者的多头比例为2.43比1.事实上，交易商自5月6日以来一直保持净多头，当时GBPUSD交易在1.3092附近;此后价格已下跌1.1％。钍交易员净多头比昨天增加7.8％，比上周增加24.8％，而交易商净空头数比昨天增加4.1％，但比上周减少26.5％。

{12}

At DailyFX, we typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests GBPUSD prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.

{12}

Source: DailyFX

来源：DailyFX

--- Written by Martin Essex, Analyst and Editor

---由Martin Essex，分析师和编辑撰写