The EU is making a "final push" | 23 December 2020

23 December 2020, GBP/USD

The EU is making a "final push"

GBPUSD trading plan:

The EU is making a "final push" to strike a Brexit trade deal with Britain, although there are still deep rifts over fishing rights, the bloc's chief negotiator said. "We are really in a crucial moment. We are giving it a final push," said the negotiator, Michel Barnier, as he arrived to update the bloc's 27 national envoys on Brexit. EU officials and diplomats said the bloc could be willing to cut the value of its fish catch in British waters by around 25%, while Britain was demanding a 30-35% cut. This is a positive signal for the British currency.

Investment idea: Buy 1.3381 and take profit 1.3460.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
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