GBP/USD Signal - UK Consumer Price Index - 25 Mar 2020

Signal Details

Entry Price:

1.1850

Take Profit:

1.1950

Stop Loss:

1.1800

Direction:

Buy

Result:

Profit

How we trade

GBPUSD is trading higher amid broad U.S. dollar weakness. The British pound benefits from the improved market mood because of the US stimulus deal. The US Senate finally agreed a stimulus package to offset any negative impact on the US economy. Forex traders will be also analysing the UK inflation figures.

gbpusd signal 25 mar 2020

Submitted by Toni H. on Wed, 25 Mar 2020 07:33:14 GMT

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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. 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. All risks and coasts associated with online trading are your responsibility.

GBP/USD Signal - UK Consumer Price Index - 25 Mar 2020

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