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Main » 2018 » October » 26 » Forex trading ideas 10/26/2018: buying GBPUSD
13:31
Forex trading ideas 10/26/2018: buying GBPUSD

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The GBPUSD has suspended its growth on the news that talks between Britain and the EU "brekzitu" stalled. The uncertainty of the results of the elections to the US Congress, geopolitical tensions, as well as the tightening of trade wars between the US, China, the EU will lead to the fact that investors are once again drew attention to the pound as undervalued "currency of refuge." 

 

 

 

 

Today in 1530msk it is published data on US GDP for the third quarter. If the data are worse than expected, then we can expect the correction and the growth in the pair GBPUSD.

 

Against this background, pae GBPUSD open a transaction for the purchase of levels: 1.27850 - 1.28000.

Stop / Loss: 1,27550.

Take / Profit: 1,29500 - 1,30650.

 

Author: Michael Katchura  Grand Capital

 

 

Views: 32 | Added by: mik | Rating: 0.0/0
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