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GBP/USD Signal - BoE Credit Conditions Survey - 10 Jan 2019

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Signal Details
Entry Price: 
1.2750
Take Profit: 
1.2800
Stop Loss: 
1.2730
Direction: 
High
Result: 
Loss
How we trade
5/5 of 8 ratings

The British Pound already lost the recent gains by dropping 50 pips and now GBPUSD looks set to re-test 1.2800 level. Today, on a light calendar in the UK, the market sentiment will be once again determined by Brexit headlines. Traders will look forward to BoE Credit report and Fed's Powell speech that is scheduled for 17:00 GMT.

gbpusd signal 10 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.