07 June 2021, GBP/USD
GBPUSD trading plan:
The bullish rally in the oil market will have a positive impact on the value of the British currency, as assets are correlated with each other. Brent topping $71.5 a barrel for the first time since 2019, as OPEC+ supply discipline and recovering demand countered concerns about a patchy COVID-19 vaccination rollout around the globe. The Organization of the Petroleum Exporting Countries and allies on Tuesday said they would stick to agreed supply restraints. Oil prices drifted higher after U.S. energy firms this week cut the number of oil and natural gas rigs operating, for the first time in six weeks, data from energy services firm Baker Hughes showed.
Investment idea: buy 1.4115 and take profit 1.4185.
Profit within arm’s reach
The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels.
To ensure profitable trading, implement the FreshForex strategy today:
1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading.
2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.
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