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GBP/USD Signal - US Durable Goods - 27 Feb 2019

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Signal Details
Entry Price: 
1.3320
Take Profit: 
1.3260
Stop Loss: 
1.3350
Direction: 
Low
Result: 
Profit
How we trade
4.7/5 of 13 ratings

The British pound has gained 500 pips since mid February, the UK currency was looking confident to the upside. GBPUSD is currently trading near major resistance 1.3220 level. Today, with no major releases from the UK, traders will focus on the upcoming US durable goods data. The Fed Chair Powell's testimony is scheduled for today as well.

gbpusd signal 27 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.