27 May 2020, GBP/USD
GBPUSD trading plan:
Eight out of 10 British retailers reported cash flow difficulties, down modestly after a nightmarish April, the Confederation of British Industry said. Supply chain disruptions worsened over the past month, the CBI survey showed, with a majority of retailers reporting shortages of some goods and increased cost pressures. More than half of the companies surveyed said they had laid off staff temporarily while 8% had made permanent redundancies. "The retail sector is at the sharp end of a crisis, with many businesses up against it," CBI chief economist Rain Newton-Smith said.
Trading recommendation: Sell 1.2315 and take profit 1.2280.
en 
cn 
id 
ar 
ru 
vn 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
