The economy of the United Kingdom will collapse? | 05 Marzo 2019

05 Marzo 2019, GBP/USD

GBPUSD trading plan:

British business is suffering due to uncertainty on Brexit. Activity in the U.K. construction sector slowed last month, falling into contraction territory for the first time in 11 months. Construction activity in both commercial and civil engineering projects contracted the report said, while house building saw only a modest increase in activity. With new orders falling, construction companies were also wary of hiring new workers. London needs a good deal with Brussels. If the deal is not - the economy of the United Kingdom will collapse.

Trading recommendation: Sell 1.3179 and take profit 1.3145.

David Johnson
Analyst of «FreshForex» company
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