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GBP/USD Signal - UK Services PMI - 06 Jan 2020

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Signal Details
Entry Price: 
1.3100
Take Profit: 
1.3180
Stop Loss: 
1.3050
Direction: 
High
Result: 
Profit
How we trade
Average: 5 (5 votes)

GBPUSD is trading higher ahead of the UK Services PMI. However, forex traders will pay attention to the Mid-East tensions which dominate the news. The slide in the US treasury bond yields might send the British pound further higher in today's trading session.

gbpusd signal 06 jan 2019

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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.