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May, 13 - GBP/USD feel the easing of Brexit tensions

GBP/USD couple has unexpectedly breached the best point in almost a week. Seems that British currency is ready to leave Brexit tensions behind and focus on the trading present. Or at least it seems that way for now. The growth is due to Theresa May making the first statement concerning Brexit in days. British Prime Minister stated that UK cross-party is trying to find the ways Brexit can be resolved. It seems that the government is finally ready to work together on resolving the issue as there seem to be a lot of ideas in the works right now. But will it last?

 

gbpusd 13.05.2019

 

Well, the forecast for the couple is not as turbulent as we feared it would be. Right now a pretty strong uptrend is driving the couple upstream and with dollar being in the difficult position over Trump’s statements it is possible that GBP is going to see a lot more action in the nearest future.

 

Despite the uptrend and fall of the greenback we still know – markets are very unpredictable. It is better to use trading signals all the way.

 

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