Close short positions | 29 Maret 2019
29 Maret 2019, GBP/USD
GBPUSD trading plan:
Investors can begin to take profits on short positions, which will have a positive impact on the value of the British currency today. Bad news from the United States will allow traders to sell the dollar before the weekend. For all of 2018, the economy USA grew 2.9%, despite the White House's fiscal stimulus of $1.5 trillion in tax cuts and more government spending. The economy is facing headwinds from the fading stimulus, slowing global growth, Washington's trade war with China and uncertainty over Britain's departure from the European Union.
Trading recommendation: Buy 1.3050 and take profit 1.3100.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
