Geopolitical tensions | 18 Desember 2020

18 Desember 2020, GBP/USD

Geopolitical tensions

GBPUSD trading plan:

Senior British minister Michael Gove put the chances of securing a trade deal with the European Union at less than 50%, striking a pessimistic tone just two weeks before Britain completes its departure from the bloc. EU diplomatic sources said the 27 member states would get an update on Friday, although they suggested any decision on a deal was more likely to come on Saturday. British interior minister Priti Patel said the talks had entered the "tunnel" - EU jargon for the final, secretive make-or-break phase - and EU chief negotiator Michel Barnier tweeted: "Good progress, but last stumbling blocks remain." Geopolitical tensions between the UK and the European Union are having a negative impact on investor sentiment.

Investment idea: range 1.3510 -1.3600.

David Johnson
Analyst of «FreshForex» company
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