Good and bad news | 25 Noviembre 2019

25 Noviembre 2019, GBP/USD

GBPUSD trading plan:

Good news and bad news. The good news is a bullish rally in the oil market. The two-month highs in oil prices earlier this week came on a Bloomberg report that OPEC and Russia were likely to extend existing production cuts by another three months to mid-2020 when they meet over Dec. 5-6. British Prime Minister Boris Johnson's Conservative Party has seen its lead narrow to 10 points over the opposition Labour Party, according to a poll by Panelbase released on Friday. This is negative news for the British currency. Political risks are forcing investors to sell the pound sterling.

Trading recommendation: range 1.2820 -1.2900

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.