GBPUSD Price Outlook Fragile as Boris Johnson Heads to Europe

Brexit and GBPUSD Price, Chart and Analysis:

英国退欧和英镑兑美元价格，图表与分析：

• UK PM Boris Johnson to seek concessions from the EU.

  英国首相鲍里斯·约翰逊寻求欧盟的让步。

• GBPUSD may slip lower as EU leaders are expected to rebuff UK PM.

  英镑兑美元可能欧盟领导人预计将拒绝英国首相。

{5}

Sterling Price Weekly Forecast: Brexit News Flow and Political Manoeuvres

{5}

EU/UK Meetings to Shape Brexit Negotiations

欧盟/英国会议将形成英国脱欧谈判

UK PM Boris Johnson will meet German Chancellor Angela Merkel on Wednesday and French President Emmanuel Macron on Thursday to repeat that the Irish backstop must be taken off the negotiating table if a deal is to be struck between the two sides before October 31. This task may be beyond the PM as the EU. Via different channels, has repeatedly said that the Withdrawal Agreement will not be changed and that the backstop remains. PM Johnson has said that the UK will leave the EU on October 31 with or without a deal, although his preference is for the former.

英国首相鲍里斯·约翰逊将于周三会见德国总理安格拉·默克尔，并于周四会见法国总统马克龙如果双方在10月31日之前达成协议，必须将爱尔兰支持从谈判桌上撤下。这项任务可能超出了欧盟作为欧盟的责任。通过不同的渠道，一再表示退出协议不会改变，而且支持者仍然存在。约翰逊曾表示英国将于10月31日离开欧盟，无论是否达成协议，尽管他倾向于前者。

While this situation is nothing new, it remains to be seen if the EU offers some flexibility to Johnson or if they rebuff him completely. The UK PM will meet with other EU leaders at the Biarritz G7 summit this weekend and will continue to press his case.

虽然这种情况并不新鲜，但仍然存在欧盟为约翰逊提供了一些灵活性，或者他们是否完全拒绝了他。英国首相将于本周末在比亚里茨G7峰会上与其他欧盟领导人会面，并将继续提出他的理由。

GBPUSD Price Starting to Break Lower

英镑兑美元价格开始下跌

GBPUSD is coming under selling pressure with Brexit hitting the British Pound while the US dollar is trending higher and back at near three-week highs. The pair are slowly heading towards the August 12 multi-month low at 1.2015 which currently guards the mid-January 2017 low print at 1.1983ahead of the October 2016 spike-low at 1.1800. To the upside, recent daily highs between 1.2178 and 1.2250 will curb bullish momentum.

英镑兑美元受到抛售压力，英国退欧冲击英镑，而美元走高并回到近三周高位。该货币对正逐步走向8月12日的多月低点1.2015，目前保持2017年1月中旬的低点，在2016年10月的峰值低点1.1800处为1.1983。从上升趋势来看，近期日内高位介于1.2178和1.2250之间将抑制看涨势头。

{12}

GBP/USD Price Chart (December 2018 – August 19, 2019)

{12}

Retail traders are 74.3% net-long GBPUSD according to the latest IG Client Sentiment Data, a bearish contrarian indicator. However recent daily and weekly positional changes give us a stronger bearish contrarian biaseven though traders remain net-long.

根据最新的IG客户情绪数据，零售交易商的净多头英镑兑美元为74.3％看跌逆势指标。然而，最近的每日和每周位置变化给我们带来了更强的看跌逆势偏见，尽管交易者保持净多头。