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GBP/USD Signal - US Initial Jobless Claims - 05 Dec 2019

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Signal Details
Entry Price: 
1.3100
Take Profit: 
1.3160
Stop Loss: 
1.3060
Direction: 
High
Result: 
Void
How we trade
Average: 5 (5 votes)

GBPUSD is trading above 1.31 level amid election speculation. The markets are betting on the Conservatives big win. Yesterday, the pound advanced on the weak US jobs data with only 67K new jobs added in November. Today, the US will release the Initial Jobless Claims.

gbpusd signal 05 dec 2019

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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.