Trading signals

GBP/USD

GBPUSD

The UK Parliament passed the Brexit bill, still markets ignored it and preferred to focus on the UK data and the news about the coronavirus.

 

The main scenario assumes a return below 1.3120. 

An alternative scenario is an incline to 1.3170. 

 

Trading recommendations

 

After a close below 1.3120, we could see the pair extending down to the 1.3080 region. 

Should the pound recover ground and advance beyond 1.3140, the buying impetus may lead the rate to 1.3170.

 

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