Positive trade talks between the UK and the EU | 17 December 2020

17 December 2020, GBP/USD

Positive trade talks between the UK and the EU

GBPUSD trading plan:

Britain and the European Union moved closer to sealing a new trade deal. "I cannot tell you whether there will be a deal or not. But I can tell you that there is a path to an agreement now. The path may be very narrow but it is there," European Commission President Ursula von der Leyen told the European Parliament. "We have found a way forward on most issues but two issues still remain outstanding: the level playing field and fisheries," she said. "Issues linked to governance now have largely been resolved. The next days are going to be decisive."

Investment idea: Buy 1.3528 and take profit 1.358.

David Johnson
Analyst of «FreshForex» company
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