Positive news | 04 Abril 2019
04 Abril 2019, GBP/USD
GBPUSD trading plan:
The Bank of England will do what it can to support the economy in the event of a no-deal Brexit - said Mark Carney. Prime Minister Theresa May plans to negotiate with opposition leaders. Investors hope for a positive outcome of the negotiations and buy the British currency. The United States disappointed investors with a weak report. The 129,000 new jobs created was the lowest monthly total since September 2017, according to payroll processor ADP. A decline in employment can cause a decline in GDP. As a result, we get an uptrend in the GBPUSD currency pair.
Trading recommendation: Buy 1.3152 and take profit 1.3200.
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.
