23 августа 2019, GBP/USD
GBPUSD trading plan:
The British Prime Minister held successful negotiations on BREXIT with the leaders of France and Germany. Both the European powerhouses agreed to renegotiate the Irish backstop issue, which has been holding the BREXIT backward since late, if PM Johnson comes up with a proposal not majorly different from the previous one. The yield of 10-Year government bonds of the United Kingdom shows growth - this is a positive signal for the pound sterling. Bullish rally in the oil market will have a positive impact on the British currency.
Trading recommendation: Buy 1.2201 and take profit 1.2258.
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