Right now those who are trading GDP/USD couple are under a great risk. Even though market is trying to hold the price on a certain level and not let the couple slip under $1.3 per-pound level there is still a great risk. The current situation is all due to the uncertainty with Brexit that is still looming over us. Theresa May says that the third vote on Brexit proposal is unlikely to happen soon and that means that we are going to have to witness Brexit being postponed.
Now we can see that pound can’t really find a definite direction and is moving in ups and downs. Although the performance of British currency can hardly be named bad at the moment.
Will pound snap under the pressure from British government? Will we see a perfect hike? All of the answers can be found in our new trading signals!
