The negative signal for the British currency | 06 Mei 2019

06 Mei 2019, GBP/USD

The negative signal for the British currency

GBPUSD trading plan:

Investors do not know what to do. The Bank of England scares market participants with political risks. Britain's economy has slowed since the BREXIT referendum in 2016. BREXIT uncertainty was keeping the appropriate level of interest rates artificially low for now. This is a negative signal for the British currency. Unemployment is at a 44-year low, wages are growing at the fastest pace in 10 years and consumer spending remains solid. This is a positive signal for the British currency, as the Central Bank may raise interest rates at the end of the year.

Trading recommendation: range 1.3145 -1.3205.

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.