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GBP/USD Signal - Bank of England quarterly inflation - 26 Feb 2019

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Signal Details
Entry Price: 
1.3100
Take Profit: 
1.3160
Stop Loss: 
1.3070
Direction: 
High
Result: 
Void
How we trade
4.7/5 of 11 ratings

The British pound continues the upside move since mid February from 1.2800 low. Forex traders will wait to see the Bank of England quarterly inflation report for some fresh momentum on the pound. The UK PM May speech is scheduled for 14:00 GMT later on today. The Fed Chair Powell will also speak today.

gbpusd signal 26 feb 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.