The bullish rally | 23 اكتوبر 2019

GBPUSD trading plan:

The British parliament voted in favour of Prime Minister Boris Johnson's BREXIT plan, but then rejected his timetable to fast-track legislation to take Britain out of the European Union. That effectively meant Britain would not be able to finalise its exit by Johnson's Oct. 31 deadline. The next step, would be waiting for the EU to respond to a request to delay the Oct. 31 BREXIT date, which the prime minister reluctantly sent to Brussels on Saturday after being forced to do so by lawmakers. We are expecting a bullish rally in the British currency today. Current levels are interesting for opening long positions.

Trading recommendation: Buy 1.2865 and take profit 1.2944.

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