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GBP/USD Signal - UK Parliamentary Brexit vote - 29 Jan 2019

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Signal Details
Entry Price: 
1.3160
Take Profit: 
1.3220
Stop Loss: 
1.3130
Direction: 
High
Result: 
Loss
How we trade
5/5 of 6 ratings

Despite the failed Brexit deal, the British pound has been straitening in January 2019. The Cable gained some pips in the recent weeks moving from 1.2400 low to 1.3230 high. Today, traders will focus on the UK Parliamentary vote on Brexit plan B. With everything on the cards, one possibility is GBPUSD to retest 1.3220 level.

gbpusd signal 29 jan 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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.