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GBP/USD trading signal - UK Manufacturing and GDP data - 10 Oct 2018

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Signal details
Entry Price: 
1.3140
Close Price: 
1.3188
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 5 ratings

The UK manufacturing and GDP data missed the market estimates amid Brexit rumors. We would be looking to buy dips on GBPUSD as the upside move might resumes during the US session. Traders will also pay attention on FOMC Member Bostic speech that is scheduled for 22:00 GMT later today.

gbpusd trading signal 10 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.