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GBP/USD Signal - BoE Governor Carney speech - 28 Nov 2018

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Signal Details
Entry Price: 
1.2760
Take Profit: 
1.2710
Stop Loss: 
1.2790
Direction: 
Low
Result: 
Loss
How we trade
5/5 of 4 ratings

The British pound is trading lower since reached 1.2920 high a week ago. Despite all the Brexit enthusiasm we see a possibility for the GBPUSD to remain under pressure. The EU approved the deal but still it needs to pass in the UK Parliament. Today, the Bank of England releases its Financial Stability Report, traders will eye Governor Carney's speech that is scheduled for 16:45 GMT.

gbpusd signal 28 nov 2018

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.