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April, 3 - political uncertainty in Great Britain weakens pound

If there is a currency that is totally guided by the political situation in the country-bearer it is pound. Uncertainty with Brexit and Prime Minister May’s attempts to get more supporters is only showing us how unstable this seemingly strong country is. And all of the turbulence is, of course, reflected in performance of pound. Although the bad performance there is a great potential for earning off GBP/USD trading at the moment.

 

gbpusd 3.04.2019

 

We see that the chart can’t be called even as we are looking at one very unstable performance with mixed signals coming out of the country. And pound getting weaker and cheaper can’t even be stopped by dollar losing price which is happening at the moment. This means that pound is now weaker than the greenback.

 

Use our trading signals to be sure what to do with the ever-changing pound. 

 

 

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