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GBP/USD trading signal - BOE Governor Carney speech - 27 Jun 2018

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Signal details
Entry Price: 
1.3220
Close Price: 
1.3110
Direction: 
Low
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 6 ratings

Traders would be looking to hear Governor Mark Carney speaking after the financial stability report from the Bank of England, the speech is scheduled for 08:30 GMT today. Looking at the charts, we would expect GBPUSD to break the 1.3220 support and action to be determined on the downside.

gbpusd trading signal 27 jun 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.