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Geopolitical tensions between the UK and the EU

Geopolitical tensions between the UK and the EU | 28 September 2020

28 September 2020, GBP/USD

Geopolitical tensions between the UK and the EU

GBPUSD trading plan:

Geopolitical tensions between the UK and the European Union have a negative impact on the value of the British currency. Britain said there was still a lot of work to do in talks with the European Union on a trade deal and called on the EU to translate a "more constructive attitude" into realistic policy positions. "There remains a lot of work to do and either outcome is still possible," a UK government official said. "If the gaps in these areas are to be bridged, the EU's more constructive attitude will need to be translated into more realistic policy positions in the days to come."

Trading recommendation: range 1.2744 -1.2810

David Johnson
Analyst of «FreshForex» company
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