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GBP/USD Signal - UK Construction PMI - 02 Apr 2019

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Signal Details
Entry Price: 
1.3050
Take Profit: 
1.3140
Stop Loss: 
1.3020
Direction: 
High
Result: 
Profit
How we trade
4.9/5 of 12 ratings

The British pound is currently trading near 1.3060 amid no-deal Brexit fears. The UK construction PMI figures came below estimates but we might see some short term recovery on Brexit rumors. Forex traders will eye the UK Cabinet meeting and the US durable goods for some clues.

gbpusd signal 02 apr 2019

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. 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. All risks and coasts associated with online trading are your responsibility.