Geopolitical tensions | 10 Febrero 2020

10 Febrero 2020, GBP/USD

Geopolitical tensions

GBPUSD trading plan:

Geopolitical tensions between the United Kingdom and the European Union may force investors to increase short positions on the pound. The European parliament raised concerns last month that EU citizens risked discrimination after Brexit in seeking housing and employment. Britain security minister Brandon Lewis said that EU nationals risked being deported if they failed to apply for settled status. Positive macroeconomic statistics from the United States will have a positive impact on the value of the dollar. Nonfarm payrolls for the month rose by 225,000, up from a rise of 145,000 in December. Average hourly earnings, a measure of wage inflation, rose 0.2% in January, and were up 3.1% year on year.

Trading recommendation: Sell 1.2920 and take profit 1.2900

In December we have shared a strategy for gold trading, and FreshForex clients have earned 121% from it. This strategy was suitable for trading in December and January.

Now you can test the new strategy, already in January it showed a return of 19% and is suitable for any season.

How to receive the trading strategy?

1) Fund the account on $100 or more from February 4 to February 29, 2020.

2) send e-mail to school@freshforex.com with the account number, funded on $100 or more.

Make a strong strategic move!

David Johnson
Analyst of «FreshForex» company
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