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The new incentive program

The new incentive program | 30 September 2020

30 September 2020, GBP/USD

The new incentive program

GBPUSD trading plan:

Traders are also focusing on the U.S. Congress’ progress towards passing the latest $2.2 trillion fiscal stimulus bill proposed by Democrats on Monday, after U.S. House of Representatives Speaker Nancy Pelosi said that a deal with the Trump White House could be possible by this week, with further talks scheduled with Treasury Secretary Steve Mnuchin later in the week. The new incentive program will have a positive impact on high-yielding assets with which the British currency correlates.

Trading recommendation: Buy 1.2800 and take profit 1.2850.

David Johnson
Analyst of «FreshForex» company
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