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GBP/USD Signal - US Average Hourly Earnings - 10 Jan 2020

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Signal Details
Entry Price: 
1.3090
Take Profit: 
1.3020
Stop Loss: 
1.3130
Direction: 
Low
Result: 
Profit
How we trade
Average: 5 (6 votes)

GBPUSD is trading below 1.31 ahead of the NFP and the Average Hourly Earnings in the US. The British pound was trading down after BoE Governor Carney hinted that interest rates could be cut soon to boost the economy. Forex traders will look forward to see the US jobs data, the key focus will remain on wage growth.

gbpusd signal 2020

Submitted by Toni H. on Fri, 10 Jan 2020 12:56:02 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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