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Bank holidays

Bank holidays | 26 Agosto 2019

26 Agosto 2019, GBP/USD

GBPUSD trading plan:

The UK celebrates Bank holidays today. Investors are resting and can expect the development of a sideways trend during the day. Prime Minister Boris Johnson is organized successful negotiations with the leaders of the European Union. Boris Johnson lauded Europe for "positive noises" and insisted a deal could be done, possibly in the "final furlong". Johnson's key demand is that the EU remove the Irish border backstop - an insurance policy that would keep the United Kingdom in a customs union with the EU. The leaders of France and Germany are ready to compromise.

Trading recommendation: range 1.2230 -1.2290.

David Johnson
Analyst of «FreshForex» company
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