Theresa May fails to secure a Brexit deal | 01 April 2019
01 April 2019, GBP/USD
GBPUSD trading plan:
The British Parliament against Brexit. Lawmakers voted 344 to 286 to reject the government’s withdrawal agreement. Investors do not like the political instability in the United Kingdom. Prime Minister Theresa May fails to secure a Brexit deal - this is a negative signal for the British currency. Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised higher, suggesting that lower mortgage rates were starting to lift the struggling housing market. This is a positive signal for the U.S. dollar!
Trading recommendation: Sell 1.3075 and take profit 1.3040.
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.
