New referendum? | 25 March 2019

25 March 2019, GBP/USD

New referendum?

GBPUSD trading plan:

Brussels agreed to change the date of Brexit, but the political crisis in the UK is only getting worse. Thousands of people opposed to Britain's withdrawal from the European Union will march through central London on Saturday to demand a new referendum. The opposition does not agree with the Prime Minister's actions and takes people to the streets. James McGrory, the director of the People’s Vote campaign and one of the organisers of the march, said the campaign for a second Brexit referendum is now the biggest mass movement in Britain. Rumors of a new referendum may positively affect the value of the British currency.

Trading recommendation: Buy 1.3183 and take profit 1.3250.

David Johnson
Analyst of «FreshForex» company
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