The bullish rally in the British currency | 04 12月 2019

04 12月 2019, GBP/USD

The bullish rally in the British currency

GBPUSD trading plan:

We are expecting the bullish rally in the British currency to continue. The IHS Markit/CIPS UK Construction Purchasing Managers' Index rose to 45.3 from 44.2 in October, a four-month high. House building has suffered the least from the downturn in 2019. The oil market will provide additional support to the British currency. Oil prices rose ahead of a meeting of OPEC+ and its allies. Thamer Ghadhban, the oil minister of Iraq, told reporters in Vienna that "a deeper cut is being preferred by a number of key members". Crude oil inventories in the U.S. fell by more than expected last week, according to the industry group American Petroleum Institute. Stockpiles of crude oil fell by 3.7 million barrels. This is a positive signal for the oil market!

Trading recommendation: Buy 1.2980 and take profit 1.3025.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus