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GBP/USD Signal - BoE Governor Carney speech - 18 Jun 2019

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Signal Details
Entry Price: 
1.2550
Take Profit: 
1.2500
Stop Loss: 
1.2580
Direction: 
Low
Result: 
Void
How we trade
5/5 of 4 ratings

GBPUSD is trading lower near 1.2540 ahead of Governor Carney's speech and Conservative voting. The British pound continues to be under pressure amid political uncertainty and doubts over the new Prime Minister. With Boris Johnson leading the race, a possible hard Brexit will weight on the UK economy.

gbpusd signal 18 jun 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.