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GBP/USD trading signal - UK Average Earnings figures - 16 Oct 2018

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Signal details
Entry Price: 
1.3140
Close Price: 
1.3183
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 9 ratings

Today, traders would be looking towards UK wage growth data which comes at 08:30 GMT. We expect the British pound positive run to continue amid Brexit jitters and we might go long on GBPUSD for today. A pullback might happens at around 1.3220 level.

gbpusd trading signal 16 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.