USA vs Iran | 23 April 2019

23 April 2019, GBP/USD

USA vs Iran

GBPUSD trading plan:

Bullish rally in the oil market will have a positive impact on the value of the British currency, which has a direct correlation with oil. Secretary of State Pompeo, in a briefing on Monday, said the aim was to halt Iran's exports entirely, as it continues to pressure Tehran to curtail its nuclear program, ballistic missile tests and support for conflicts in Syria and Yemen. He said the aim is to deprive Iran of its lifeline of $50 billion in annual oil revenues. Brent oil can test the psychological level of $ 80/barrel in a month.

Trading recommendation: Buy 1.2974 and take profit 1.3020.

David Johnson
Analyst of «FreshForex» company
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