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GBP/USD Signal - UK Marking Service PMI - 05 Jun 2019

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Signal Details
Entry Price: 
1.2700
Take Profit: 
1.2760
Stop Loss: 
1.2680
Direction: 
High
Result: 
Loss
How we trade
5/5 of 4 ratings

The British pound was boosted by the upbeat UK services PMI print. We might see GBPUSD getting some bids if the US ADP employment data comes short. Forex traders will also follow closely the US Non-manufacturing PMI data and President Trump's "phenomenal" trade deal with Britain.

gbpusd signal 05 jun 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.