Trading signals

GBP/USD

GBPUSD

The Brexit Party’s decision increased the likelihood of a Conservative Party victory and helped the pound to gain momentum. The UK Consumer Price Index will be eyed today.

 

The main scenario is an incline to 1.2950. 

An alternative scenario assumes a decline to the handle of 1.2800.

 

Trading recommendations

 

A break of 1.2860 could lead to 1.2950.

A consolidation below 1.2850 could lead to more losses towards 1.2800.

 

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