07 February 2020, GBP/USD
GBPUSD trading plan:
We are expecting an uptrend to develop. British retailers had their biggest increase in sales in six years in January as Prime Minister Boris Johnson's sweeping election win and price-cutting encouraged consumers to spend more. Accountancy firm BDO said its High Street Sales Tracker found sales jumped by 5.7% last month, the biggest annual rise since January 2014, with gains seen across all sectors. Russia said it backs a recommendation for OPEC and other producers to cut their output further amid falling demand for crude as China battles the coronavirus epidemic. This is a positive signal for the oil market and the British currency, as the two instruments are correlated.
Trading recommendation: Buy 1.2920 and take profit 1.2955
In December we have shared a strategy for gold trading, and FreshForex clients have earned 121% from it. This strategy was suitable for trading in December and January.
Now you can test the new strategy, already in January it showed a return of 19% and is suitable for any season.
How to receive the trading strategy?
1) Fund the account on $100 or more from February 4 to February 29, 2020.
2) send e-mail to school@freshforex.com with the account number, funded on $100 or more.
Make a strong strategic move!
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