24 July 2019, GBP/USD
GBPUSD trading plan:
The conservative party of the United Kingdom approved B. Johnson as Prime-Minister. Boris Johnson has pledged to leave the EU with or without a deal on Oct. 31. Beyond those issues, Trump and Johnson will have to hammer out a U.S.-Britain free trade agreement seen as crucial to help Britain's post-Brexit economy. Negative macroeconomic statistics from the United States will have a positive impact on the value of the British currency. The National Association of Realtors said on Tuesday existing home sales dropped 1.7% to a seasonally adjusted annual rate of 5.27 million units last month. Housing and manufacturing are the main areas of weakness in the economy.
Trading recommendation: Buy 1.2410 and take profit 1.2460.