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GBP/USD trading signal - BoE expected to hike rates - 30 Jul 2018

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Signal details
Entry Price: 
1.3110
Close Price: 
1.3130
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 4 ratings

The British pound is looking to recover after recent losses and probably to close higher on the day. The highly anticipated BoE monetary policy decision, which is scheduled for this Thursday, will provide high volatility and traders must be ready to take action.

gbpusd trading signal 30 jul 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.