High political risks | 22 اكتوبر 2019

GBPUSD trading plan:

High political risks force traders to sell the British currency. Prime Minister Boris Johnson faces two pivotal BREXIT votes in the British parliament on Tuesday that will decide if he can deliver on his pledge to lead the United Kingdom out of the European Union in just nine days time. "The public doesn't want any more delays, neither do other European leaders and neither do I. Let's get BREXIT done on 31 October and move on" said Boris Johnson. A spokesman for Johnson said that if the legislation strayed too far from the deal then its ratification would be placed in question.

Trading recommendation: Sell 1.2944 and take profit 1.2910.

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