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The Brexit deal

The Brexit deal | 28 December 2020

28 December 2020, GBP/USD

The Brexit deal

GBPUSD trading plan:

British Prime Minister Boris Johnson said, as he presented the last-ditch accord, that his country had agreed a "reasonable" five-and-half-year transition period with the EU over fisheries, longer than the three years Britain wanted but shorter than the 14 years the EU had originally asked for. The Brexit deal will preserve Britain's zero-tariff and zero-quota access to the bloc's single market and avoid a damaging "no-deal" exit, it does not cover the nation's much larger and influential finance sector. And, Brussels has made no decision yet on whether to grant Britain access to the bloc's financial market.

Investment idea: Buy 1.3550 and take profit 1.3600.

David Johnson
Analyst of «FreshForex» company
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