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GBP/USD Signal - UK GDP Q4 - 11 Feb 2019

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Signal Details
Entry Price: 
1.2930
Take Profit: 
1.2880
Stop Loss: 
1.2980
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 5 ratings

Today, GBPUSD traders will eye the UK GDP data, which is scheduled for 09:30 GMT. The UK GDP is expected to grow by 0.2% in Q4, and yearly growth to slow down. The shambolic Brexit negotiations will add more pressure to the British pound.

gbpusd signal 11 feb 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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.