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Geopolitical tensions in the UK

Geopolitical tensions in the UK | 18 November 2020

18 November 2020, GBP/USD

GBPUSD trading plan:

British fisheries lobby groups have urged Prime Minister Boris Johnson to "hold firm and bring back a deal" that meets their demands in trade talks with the European Union. Fisheries, a sector laden with symbolism for Brexit supporters but which accounts for 0.1% of the economy, has become one of the most persistent sticking points in the trade talks, which are running out of time to find a breakthrough. The lobby groups, the National Federation of Fishermen's Organisations and the Scottish Fishermen's Federation, warned Johnson in a letter the "wrong deal on fishing would constitute failure to deliver on those promises made to the industry".

Trading recommendation: range 1.3200 -1.3295.

David Johnson
Analyst of «FreshForex» company
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