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GBP/USD Signal - UK Health Updates - 06 Apr 2020

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Signal Details
Entry Price: 
1.2300
Take Profit: 
1.2400
Stop Loss: 
1.2250
Direction: 
Buy
Result: 
Loss
How we trade
Average: 5 (9 votes)

GBPUSD is trading below 1.23 level amid health crisis in the UK. The pair gained over 80 pips during the Asian session with positive news surrounding UK PM Johnson. Traders will continue to follow coronavirus news. The better market mood may weight on the U.S. dollar.

gbpusd signal 06 apr 2020

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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.