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The positive signal for “high-yield” assets

The positive signal for “high-yield” assets | 22 April 2020

22 April 2020, GBP/USD

The positive signal for “high-yield” assets

GBPUSD trading plan:

The mood among investors improved as concerns about the impact of the coronavirus pandemic Chinese economy seemed to have eased. China's aviation regulator said on Wednesday daily transported air passenger numbers rose 7.9% this month, as of April 21, from March. The International Air Transport Association noted on Tuesday how the number of domestic flights in China had plateaued, after an early upswing from mid-February into the first week of March. This is a positive signal for “high-yield” assets and the British pound.

Trading recommendation: Buy 1.2300 and take profit 1.2370.

David Johnson
Analyst of «FreshForex» company
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