Britain's economy contracted sharply in April | 11 Junio 2019
11 Junio 2019, GBP/USD
GBPUSD trading plan:
Negative macroeconomic statistics from the United Kingdom have a negative impact on the value of the British currency. Britain's economy contracted sharply in April. Annual growth slowed to 1.3%. The trade balance for goods narrowed to 12.1 billion pounds from 15.4 billion pounds in March. Investment funds increase sales of the British currency. CFTC reports show an increase in sales from big speculators. Investors are afraid of political risks. The coming to power of B. Johnson can cause the sale of the British currency.
Trading recommendation: Sell 1.2733 and take profit 1.2685.
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.
