The European Union is prepared to grant another BREXIT extension | 13 September 2019

13 September 2019, GBP/USD

GBPUSD trading plan:

Good news for the British currency. The European Union is prepared to grant another BREXIT extension to the U.K. to prevent the country from leaving the bloc without deal. This factor caused a rise in the yield of 2-Years UK Government bonds. The Bank of England will not cut interest rates this autumn. Reducing geopolitical tensions allows investment funds to increase long positions on the British currency. The difference between the interest rates of the Bank of England and the Federal Reserve will have a positive impact on the value of the pound.

Trading recommendation: Buy 1.2327 and take profit 1.2380.

TRADE METALS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus