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GBP/USD trading signal - BOE Governor Carney speech - 11 Oct 2018

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Signal details
Entry Price: 
1.3190
Close Price: 
1.3230
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 6 ratings

The British pound is taking advantage on positive Brexit news and global equity sell-off. We would expect the upside move to continue after BOE Carney's speech that is scheduled for 09:00 GMT today. We are looking to buy any pullback with 50 pips profit on our daily trades.

gbpusd trading signal 11 oct 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.