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Theresa May fails to secure a Brexit deal

Theresa May fails to secure a Brexit deal | 01 Abril 2019

01 Abril 2019, GBP/USD

Theresa May fails to secure a Brexit deal

GBPUSD trading plan:

The British Parliament against Brexit. Lawmakers voted 344 to 286 to reject the government’s withdrawal agreement. Investors do not like the political instability in the United Kingdom. Prime Minister Theresa May fails to secure a Brexit deal - this is a negative signal for the British currency. Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised higher, suggesting that lower mortgage rates were starting to lift the struggling housing market. This is a positive signal for the U.S. dollar!

Trading recommendation: Sell 1.3075 and take profit 1.3040.

David Johnson
Analyst of «FreshForex» company
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