Geopolitical tensions | 22 Oktober 2020

22 Oktober 2020, GBP/USD

Geopolitical tensions

GBPUSD trading plan:

The European Union told Britain to make up its mind on Brexit, putting the onus back on London to unlock trade talks as the bloc's chief negotiator said an agreement was still within reach with 10 weeks to go. "Time is very short and we stand ready to negotiate 24/7, on all subjects, on legal texts. The UK has a bit of a decision to make and it's their free and sovereign choice," European Council President Charles Michel told the European Parliament. Geopolitical tensions between the United Kingdom and the European Union are having a negative impact on investor sentiment.

Trading recommendation: range 1.3100 -1.3185.

David Johnson
Analyst of «FreshForex» company
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