Good and bad news | 31 Marzo 2020

31 Marzo 2020, GBP/USD

GBPUSD trading plan:

Good and bad news for the British currency. Ratings agency Fitch cut Britain's sovereign debt rating, saying the country's debt levels would jump as the government ramped up its spending to offset the near shutdown of the economy in the face of coronavirus COVID-19. Fitch downgraded the country by one notch to 'AA-'. This factor forces investors to sell UK bonds. This is negative news for the pound. The U.S. president Donald Tramp said he does not want to see the energy sector “wiped out” over low oil prices brought on by the conflict between Russia and Saudi Arabia. This is a positive signal for the oil market and the British currency, as assets correlate with each other.

Trading recommendation: range 1.2255 -1.2355.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus