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GBP/USD Signal - BoE's Governor Carney speech - 11 Jul 2019

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Signal Details
Entry Price: 
1.2540
Take Profit: 
1.2480
Stop Loss: 
1.2560
Direction: 
Low
Result: 
Loss
How we trade
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The British pound has recovered some of the recent losses after Fed's Powell dovish comments. GBPUSD is currently trading at 1.2540 ahed of BoE's Governor Carney speech. The markets do not expect commentary on the monetary policy from Gov. Carney, but he may emphasize on financial system risks.

gbpusd signal 11 jul 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.