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GBP/USD trading signal - EU response to Brexit white paper - 20 Jul 2018

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Signal details
Entry Price: 
1.3060
Close Price: 
1.3126
Direction: 
Low
Expiry Time: 
21:00 GMT
Result: 
OTM
How we trade
4/5 of 7 ratings

Investors in the UK will be looking to see EU response to the Brexit white paper. GBPUSD just recently hit new 10-month lows in reaction to disappointing UK data. Currently, the British pound is trading lower at around 1.3020 and we expect the pair to close lower for 21:00 GMT.

gbpusd trading signal 20 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.