High political risks in the UK | 10 October 2019

10 October 2019, GBP/USD

High political risks in the UK

GBPUSD trading plan:

High political risks in the UK have a negative impact on investor sentiment. The latest on BREXIT shenanigans is that despite the existent of the Benn Act, which is designed to force the PM to request a BREXIT delay if a deal is not in place or if MPs have agreed to a no deal exit, the PM has indicated that he still wants the UK to leave the EU on October 31. Geopolitical tensions are forcing investors to sell British assets. The good news for the British currency is positive expectations for trade negotiations between the United States and China.

Trading recommendation: range 1.2200 -1.2270.

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