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January, 30 - GBP/USD surges. Will it go even higher?

With only one day to go until Brexit, we never expected to see GBP do high against the greenback. but, I have to say, it was a pleasant surprise for us. Just look how high the chart has risen.

 

gbpusd 30.01.2020

 

What was the reason for this? As we all know, before such great political shakes as the ones waiting for GBP tomorrow, it is rare that we should see the currency rise so high. But today GBP had a lot of reasons to rise and to be high. Today BoE met to decide the future of interest rates of the country.

 

And right now national interest rates are going to remain the same, which means that nether GBP nor British economy are in trouble for the moment, so we can easily trade with the couple right now.

 

Will it grow further or will it plunge until tomorrow comes? That we can learn with our trading signals.

 

 

Lang

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