Trading signals

GBP/USD

GBPUSD

UK PM officially asked EU for an extension. The Parliament will return to a Brexit deal vote this Tuesday.

 

The main scenario assumes a return below 1.2940.

An alternative scenario is a further rally towards 1.3040.

 

Trading recommendations

 

Sell the pair towards 1.2820 when the price closes below 1.2900. 

Buy the pound to 1.3040 as soon as it overcomes the resistance 1.2940.

 

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