Investors close short positions | 03 Junio 2019

03 Junio 2019, GBP/USD

GBPUSD trading plan:

Investors close short positions on the British currency. According to COT, investment funds are reducing their short speculative position. Traders will take a break to assess the prospects of the British currency before the election of a new leader of the Conservative party. If the new leader of the party will be B. Johnson - we are see the sales of the British currency. B. Johnson has a negative attitude towards the European Union. We expect high volatility on Friday 7 June. We expect an increase in oil prices that will have a positive impact on the value of the British currency. Investors will close short positions in oil.

Trading recommendation: Buy 1.2625 and take profit 1.2660.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.