USA vs Iran | 23 April 2019
23 April 2019, GBP/USD
GBPUSD trading plan:
Bullish rally in the oil market will have a positive impact on the value of the British currency, which has a direct correlation with oil. Secretary of State Pompeo, in a briefing on Monday, said the aim was to halt Iran's exports entirely, as it continues to pressure Tehran to curtail its nuclear program, ballistic missile tests and support for conflicts in Syria and Yemen. He said the aim is to deprive Iran of its lifeline of $50 billion in annual oil revenues. Brent oil can test the psychological level of $ 80/barrel in a month.
Trading recommendation: Buy 1.2974 and take profit 1.3020.
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.
