New agreement between the UK and the EU | 29 Maret 2021

29 Maret 2021, GBP/USD

New agreement between the UK and the EU

GBPUSD trading plan:

Britain and the European Union took their first step since Brexit to cooperate on financial services, agreeing on a new forum to discuss market regulation. The move could help finance firms in the City of London to eventually win back some access to the single market they lost when the U.K. left the EU. The two sides have agreed a memorandum of understanding on financial services, the U.K. Treasury said in a statement. The content and substance of the deal has been finalized, and the two sides are now working on the formal process of validation. This is a positive signal for the British currency.

Investment idea: buy 1.3777 and take profit 1.3825.

David Johnson
Analyst of «FreshForex» company
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