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GBP/USD binary signal - BoE Governor speech - 24 May 2018

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Signal details
Entry Price: 
1.3400
Close Price: 
1.3378
Direction: 
Low
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 5 ratings

Yesterday, the GBPUSD currency pair continued its bearish slide as UK consumer inflation fell to its lowest level in over a year. The pair managed to find support at 1.3310 and closed higher on the day, we expect this short rally to continue in the near term before the bears take over again. Traders now look forward to the BoE Governor Mark Carney's scheduled speech for 08:00 GMT.

binary options signal gbpusd 24 may 2018

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government entities or stocks. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion.