Trading signals

GBP/USD

GBPUSD



The pound left the three-week lows after weak US data and Irish border headlines. However, Brexit uncertainty will most likely limit its advance.

 

The main scenario is a growth towards 1.2350. 

An alternative scenario is a decline to 1.2230. 

 

Trading recommendations

 

Buy the pound to 1.2350 when the pair breaks above 1.2320. 

Sell towards 1.2230 after a break below 1.2270.

 

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