European Union and BREXIT | 12 April 2019
12 April 2019, GBP/USD
GBPUSD trading plan:
The British currency is trading confidently above the psychological level of 1.30 this week. Investment funds are actively buying the pound, as the European Union is ready to extend BREXIT. Investors understand that remain risks to the economy of the United Kingdom. The uncertainty facing British businesses has gone "through the roof" due to Brexit, hurting investment and posing long-term challenges for economic productivity - said Bank of England Governor Mark Carney. But now traders are optimists about the British currency.
Trading recommendation: Buy 1.3040 and take profit 1.3100.
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.
