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Brexit

Brexit | 12 March 2019

12 March 2019, GBP/USD

Brexit

GBPUSD trading plan:

The British Parliament will vote for Brexit. German Chancellor Angela Merkel said that European Union President Jean-Claude Juncker had made a “very important” offer to the U.K. on Brexit. Now the market is alive with rumors. Good information from Brussels will provide strong support to the British currency. There are also risks if the vote in Parliament fails. The opposition harshly criticizes the Prime Minister and is ready to disrupt Brexit. Large investment funds are avoiding investment in UK assets. There's a roller coaster waiting!

Trading recommendation: range 1.3175 -1.3275.

David Johnson
Analyst of «FreshForex» company
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