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GBP/USD Signal - BoE Interest Rate Decision - 26 Mar 2020

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Signal Details
Entry Price: 
1.1950
Take Profit: 
1.1850
Stop Loss: 
1.2000
Direction: 
Sell
Result: 
Loss
How we trade
Average: 4.3 (9 votes)

GBPUSD is trading higher ahead of Bank of England minutes, BoE will announce third rate decision. The U.S. dollar faced new selling pressure after Fed's Powell left the door open for further policy easing. Forex traders will follow closely the US Jobless Claims in today's trading session.

gbpusd signal 26 mar 2020

Submitted by Toni H. on Thu, 26 Mar 2020 11:58:31 GMT

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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.

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