Bank holidays | 26 Agustus 2019
26 Agustus 2019, GBP/USD
GBPUSD trading plan:
The UK celebrates Bank holidays today. Investors are resting and can expect the development of a sideways trend during the day. Prime Minister Boris Johnson is organized successful negotiations with the leaders of the European Union. Boris Johnson lauded Europe for "positive noises" and insisted a deal could be done, possibly in the "final furlong". Johnson's key demand is that the EU remove the Irish border backstop - an insurance policy that would keep the United Kingdom in a customs union with the EU. The leaders of France and Germany are ready to compromise.
Trading recommendation: range 1.2230 -1.2290.
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.
