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GBP/USD Signal - GBP BoE's Governor Bailey speech - 09 Nov 2020

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Signal Details
Entry Price: 
1.3178
Take Profit: 
1.3230
Stop Loss: 
1.3110
Direction: 
Buy
Result: 
Profit
How we trade
Average: 5 (1 vote)

GBP/USD is trading to the upside today prior to GBP BoE's Governor Bailey speech . Andrew Bailey is the Bank of England's Governor. He took office on March 16th, 2020, at the end of Mark Carney's term. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the GBP/USD into the 1.3230 level.

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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.