Good and bad news | 18 September 2019

18 September 2019, GBP/USD

GBPUSD trading plan:

Good and bad news for the British currency. The good news is the continuation of the bullish rally in the oil market. The United States suspects Iran of attacking Saudi Arabia's oil facilities on September 14. High geopolitical tensions in the Persian Gulf will have a positive impact on the value of "black gold". This is a positive signal for the British currency, which is correlated with oil. The bad news is the political crisis in the United Kingdom. British Prime Minister B. Johnson is a supporter of BREXIT without a deal with the European Union.

Trading recommendation: range 1.2440 -1.2530.

TRADE METALS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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