Geopolitical tension | 25 نوفمبر 2020

GBPUSD trading plan:

Bank of England interest-rate setter Michael Saunders said the long-term effects of Brexit could have a bigger impact on companies than the coronavirus pandemic. "Businesses will shake off the effect of COVID-19 as they’re temporary, but the long-term effects of Brexit could be more permanent," Saunders said. BoE Governor Andrew Bailey said on Monday that a no-deal Brexit would cause longer-term damage to Britain's economy than the pandemic, and the impact of the change might be felt for decades. Britain and the European Union are still negotiating a trade agreement ahead of the Dec. 31 expiry of a post-Brexit transition period.

Investment idea: range 1.3325 -1.3395.