Geopolitical tension | 20 اكتوبر 2020
20 اكتوبر 2020, GBP/USD
GBPUSD trading plan:
EU Brexit negotiator Michel Barnier confirmed the EU remained "available to intensify negotiations in London," marking a change in tone somewhat after EU leaders had dropped their pledge to intensify trade talks last week and called on the U.K. to make concessions for a deal. The game of brinkmanship between both parties, however, is expected to continue in the wake of little progress on key issues that have held back talks including the so-called level playing field commitments, fisheries and issues of governance.
Trading recommendation: range 1.2900-1.3000.
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.
