Geopolitical tensions between the EU and the UK | 13 October 2020

13 October 2020, EUR/USD

Geopolitical tensions between the EU and the UK

EURUSD trading plan:

Britain will work as hard as it can to secure a post-Brexit agreement with the European Union by Oct. 15 but the country is prepared to move ahead without a free trade deal, a spokesman for Prime Minister Boris Johnson said. "We'll work as hard as we can to see if we can get an agreement by the 15th of October," he said, pointedly adding that the EU had indicated in July that mid-October was the last possible date for a deal. Geopolitical tensions between the European Union and the United Kingdom have a negative impact on the value of the Euro.

Trading recommendation: range 1.1745 -1.1835.

David Johnson
Analyst of «FreshForex» company
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