Trading signals

GBP/USD

GBPUSD

The pound rallied after the news that Brexit deal is real. We believe that positive sentiments should dominate in the coming sessions today.

 

The main scenario is a bounce off the area 1.2610.

An alternative scenario is a further decline towards the 1.2570 support.

 

Trading recommendations

 

Buy the pound to 1.2650 when the pair bounces upwards from 1.2610. 

Sell the currency pair towards 1.2570 when the price overcomes 1.2620. 

 

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