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GBP/USD Signal - UK Unemployment rate - 18 Feb 2020

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Signal Details
Entry Price: 
1.3000
Take Profit: 
1.2930
Stop Loss: 
1.3030
Direction: 
Low
Result: 
Loss
How we trade
Average: 4 (8 votes)

GBPUSD is trading below 1.30 level ahead of the UK jobs data. We may see the pair moving further south if the jobs figures miss expectations. Furthermore, the Brexit concerns will weight on the British pound. The market worries that Britain may crash out of the EU without a trade deal.

gbpusd signal 18 feb 2020

Submitted by Toni H. on Tue, 18 Feb 2020 09:07:46 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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