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The United Kingdom does not please traders with positive news

The United Kingdom does not please traders with positive news | 08 March 2019

08 March 2019, GBP/USD

GBPUSD trading plan:

The main event of the day will be the publication of the employment report in the United States. I am waiting for the Non-Farm indicator at the consensus forecast level. This is a neutral factor for the U.S. currency. The United Kingdom does not please traders with positive news. The U.K. is currently due to exit the European Union, with or without a deal, on March 29, but a delay to the process is looking more likely, potentially extending uncertainty. Investors now avoid investing in British assets. This is a negative signal for the British currency!

Trading recommendation: Sell 1.3105 and take profit 1.3075.

David Johnson
Analyst of «FreshForex» company
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