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GBP/USD Signal - GBP ILO Unemployment Rate - 25 Jan 2021

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Signal Details
Entry Price: 
1.3713
Take Profit: 
1.3806
Stop Loss: 
1.3632
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPUSD Is trending to the upside today prior to the GBP Unemployment rate data. The data is the number of unemployed workers divided by the total civilian labor force. Technically the pair is above the moving averages and we anticipate upside into the 1.3806 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.