Trading signals

GBP/USD

GBPUSD

Dovish BOE and stronger dollar kept weighing on the pound. Meanwhile, the Conservative party still leads polls.

 

The main scenario is a bounce off 1. 2760. 

An alternative scenario assumes a move to 1.2720.

 

Trading recommendations

 

Buy the GBP/USD pair to 1.2830 when the currency pair bounces from 1.2760.

Sell the pound to 1.2720 after a break through 1.2760. 

 

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