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The talks between London and Brussels

The talks between London and Brussels | 27 February 2020

27 February 2020, GBP/USD

The talks between London and Brussels

GBPUSD trading plan:

Britain's car industry called on the government to help boost the market in its upcoming budget and secure a free-trade deal with Europe as output fell again in January. British factories produced 118,314 cars last month, down an annual 2.1%, as an increase in exports failed to outweigh a 23.9% fall in domestic demand, according to data from the Society of Motor Manufacturers and Traders. Much of this year will be dominated by talks between London and Brussels on the future partnership to take effect from 2021, with manufacturers seeking the closest possible relationship to maintain their seamless production processes.

Trading recommendation: range 1.2900 -1.2955.

David Johnson
Analyst of «FreshForex» company
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