The bullish rally in the British currency | 21 نوفمبر 2019

GBPUSD trading plan:

We are expecting a bullish rally in the British currency. The inflow of capital into “high-yield” assets will have a positive impact on the value of the British currency. China will strive to reach an initial trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said today. China is willing to work with the United States to resolve each other's core concerns on the basis of equality and mutual respect, and will try hard to reach a "phase one" deal, Gao Feng, spokesman at the ministry, told reporters.

Trading recommendation: Buy 1.2940 and take profit 1.2990.

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