The political crisis in the UK | 16 September 2019

16 September 2019, GBP/USD

The political crisis in the UK

GBPUSD trading plan:

The political crisis in the UK is gaining momentum! Prime Minister B. Johnson criticizes MPs. B. Johnson is opposed the agreement between the UK and the European Union. Johnson said he would find a way to circumvent a recent parliament vote ordering him to delay BREXIT rather than take Britain out of the EU without a transition deal. Johnson said he was "very confident" ahead of a meeting with European Commission President Jean-Claude Juncker on Monday. Geopolitical tensions in the oil market signals an increase in prices for "black gold", which will have a positive impact on the value of the British currency.

Trading recommendation: range 1.2420 -1.2520.

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David Johnson
Analyst of «FreshForex» company
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