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GBP/USD Signal - UK PM May Brexit Proposal - 20 May 2019

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Signal Details
Entry Price: 
1.2760
Take Profit: 
1.2690
Stop Loss: 
1.2790
Direction: 
Low
Result: 
Profit
How we trade
4.7/5 of 12 ratings

GBPUSD dropped significantly since it reached the 1.3170 highs. Currently, the pair is approaching 1.2700 support level. The Brexit turmoil continues to weight on the Sterling and even the positive unemployment rate didn't help for recovery. The probabilities of another failed PM May proposal are growing.

gbpusd signal 20 may 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.