Trading signals

GBP/USD

GBPUSD

Conservative party kept leading election polls. Attention now on BOE’s meeting today.

 

The main scenario is a bounce of the 1.2850 support. 

An alternative scenario is a move towards the 1.2800 level.

 

Trading recommendations

 

A close above 1.2900 would risk 1.2940.

A break below 1.2850 can open the doors to the 1.2800 price level.