Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
Brexit deal is close? GBP/USD has risen by more than 140 pips!
The reports that the UK and the EU are close to complete a draft Brexit deal have pushed the British pound higher. At the moment, the cable is testing the resistance at 1.2755. If this level is broken, bulls will be happy to move the pair higher to the 1.2783 and 1.28 levels. From the downside, it is recommended to pay attention to the 1.2630 and 1.2576 level. Remember, that news trading is tricky, and the situation may change quickly with a fresh report.
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