Theresa May and Brexit | 28 March 2019

28 March 2019, GBP/USD

GBPUSD trading plan:

British Prime Minister Theresa May said on Wednesday she would quit if her twice-defeated EU divorce deal passes at the third attempt. "I ask everyone in this room to back the deal so we can complete our historic duty - to deliver on the decision of the British people and leave the European Union with a smooth and orderly exit" – said May. Last week the Confederation of British Industry and the Trades Union Congress issued a rare joint statement calling on May to change her approach to Brexit. Theresa May is highly likely to resign - this is a positive signal for the British currency!

Trading recommendation: Buy 1.3160 and take profit 1.3225.

David Johnson
Analyst of «FreshForex» company
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