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GBP/USD Signal - UK Inflation data - 20 Mar 2019

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Signal Details
Entry Price: 
1.3220
Take Profit: 
1.3320
Stop Loss: 
1.3200
Direction: 
High
Result: 
Loss
How we trade
5/5 of 7 ratings

The British pound is trading near 1.3250 ahead of a busy day with Retail Price and Inflation data in the headlines. An inflation rate at 1.9% or higher will likely send GBPUSD towards 1.3300. Earlier this week, the UK reported a drop in unemployment and an upbeat pace in wages growth.

gbpusd signal 20 mar 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.