21 Octubre 2020, GBP/USD
GBPUSD trading plan:
Britain and the United States are intensifying trade talks, trade minister Liz Truss said, announcing the start of a fifth round of negotiations focused on goods tariffs. Britain has put a trade deal with the United States at the top of its post-Brexit wish list, having cited the freedom to strike bilateral deals as one of the main benefits of leaving the European Union. "During this negotiating round, there will be a focus on negotiating tariffs on goods, exploring where each side is willing to move beyond their initial offers, which were exchanged in the previous negotiation round," a government spokeswoman said. This is a positive signal for the British currency!
Trading recommendation: Buy 1.2970 and take profit 1.3012.
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