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GBP/USD Signal - US Average Hourly Earnings - 07 Feb 2020

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Signal Details
Entry Price: 
1.2950
Take Profit: 
1.2900
Stop Loss: 
1.2980
Direction: 
Low
Result: 
Profit
How we trade
Average: 5 (4 votes)

GBPUSD is trading below 1.2950 ahead of the US NFP. This week the U.S. dollar is robust and we may see the greenback flourishing again if the US jobs data comes strong. A no-trade Brexit deal is also weighting on the British pound.

gbpusd signal 07 feb 2020

Submitted by Toni H. on Fri, 07 Feb 2020 11:47:33 GMT

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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.

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