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GBP/USD Signal - US Gross Domestic Product - 26 Apr 2019

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Signal Details
Entry Price: 
1.2900
Take Profit: 
1.2940
Stop Loss: 
1.2870
Direction: 
High
Result: 
Profit
How we trade
5/5 of 3 ratings

GBPUSD is looking for a recovery from recent lows. The uncertainty surrounding the UK-EU negotiations continue to hurt the British pound. Today, forex traders will watch closely the US GDP data, if the numbers match the expectations we might see GBP rising. Better than expected data will probably do the opposite.

gbpusd signal 26 apr 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.