Trading signals

GBP/USD

GBPUSD

According to polls Tory party may have enough votes to form a majority government. That's will help Johns to put an end to the Brexit question. The pound used the US dollar’s weakness to recover in spite of poor UK data.

 

The main scenario is an incline to the 1.2940 area. 

An alternative scenario assumes a decrease to the 1.2800 support.

 

Trading recommendations

 

A break of 1.2890 level can lead to 1.2940

Sellers will challenge 1.2800 if they break below 1.2840.