Trading signals

GBP/USD

GBPUSD

An optimism over a Brexit deal draft boosted the pound to the 1.2800 region. The UK Consumer Price Index is on the radar today.

 

The main scenario is a return to the level 1.2700.

An alternative scenario is a rally towards the 1.2850 hurdle.

 

Trading recommendations

 

Sell the GBP/USD pair towards 1.2700 when the price breaks below 1.2750. 

A breakout of 1.2780 would aim traders for 1.2850.

 

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