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GBP/USD Signal - GBP Unemployment Rate - 13 Oct 2020

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Signal Details
Entry Price: 
1.3042
Take Profit: 
1.3115
Stop Loss: 
1.3000
Direction: 
Buy
How we trade
Average: 5 (2 votes)

GBPUSD is trending to the upside today prior to the GBP Unemployment rate data. GBP Unemployment data measures the number of unemployed citizens in the United Kingdom. Technically the pair is trading above the 1.3030 pivot and the 1h 50 moving average and we anticipate further upside on the major fx pair into the 1.3115 level.

Submitted by Toni H. on Tue, 13 Oct 2020 01:16:43 GMT

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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.

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