Trade talks between the UK and theEU | 10 September 2020

10 September 2020, GBP/USD

Trade talks between the UK and theEU

GBPUSD trading plan:

Britain plunged Brexit trade talks into crisis by explicitly acknowledging it could break international law by ignoring some parts of its European Union divorce treaty, prompting a rapid rebuke from the EU's chief executive. Johnson told parliament the bill was "a legal safety net to protect our country against extreme or irrational interpretations" of the Withdrawal Agreement's Northern Ireland protocol that could threaten peace in the British province. Ursula von der Leyen, president of the European Commission, promptly tweeted that she was "very concerned" about the British government's intentions.

Trading recommendation: Sell 1.3050 and take profit 1.3015.

David Johnson
Analyst of «FreshForex» company
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