The positive macroeconomic statistics | 13 June 2019

13 June 2019, GBP/USD

The positive macroeconomic statistics

GBPUSD trading plan:

The UK pleases investors with positive macroeconomic statistics this week. Investors received a strong report on the labor market on Tuesday 11 June. A positive release on the housing market was published today. Britain's housing market has slowed sharply since the BREXIT referendum in June 2016. A measure of prices improved as the delay in the country's European Union exit gave some encouragement to buyers. We are expecting an increase in gross domestic product. Positive statistics indicate economic growth in the United Kingdom.

Trading recommendation: Buy 1.2680 and take profit 1.2733.

David Johnson
Analyst of «FreshForex» company
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