High political risks | 25 اكتوبر 2019
25 اكتوبر 2019, GBP/USD
GBPUSD trading plan:
Prime Minister Boris Johnson called on Thursday for a general election on December. Johnson said in a letter to opposition Labour leader Jeremy Corbyn he would hand parliament more time to approve his BREXIT deal but that lawmakers must back a December election, Johnson's third attempt to try to force a snap poll. But Johnson seems to still hold out hope of securing a deal with Brussels, offering parliament until Nov. 6 to ratify an agreement he settled with the EU last week. High political risks force investors to sell the British currency.
Trading recommendation: Sell 1.2870 and take profit 1.2830.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
