GBP/USD slides on strong dollar and UK Trade war;
#UK GoVernment wins the Vote on Critical #tradebill amendment.
#Pound trading with high volatility on #brexit concerns and trade war, fell below 1.3180 sharply made a low at 1.3060 currently trading at 1.3140. Closing or trading above 1.3180 is a buy for further., Overall its a volatile day with sideways trend continues. Trade with strict stop loss.
We would like to buy above 1.3130
Stoploss: 1.3050
Target: 1.3280
The information, analysis and estimates Contained herein are based on BSH Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. This document, at best, represents BSH Research opinion and is meant for general information only. BSH Research, its directors, officers or employees shall not in any way be responsible for the contents stated herein BSH Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities. BSH Research, its affiliates and their employees may from time to time hold positions in securities referred to herein. BSH Research or its affiliates may from time to time solicit from or perform investment banking or other services for any company mentioned in this document.
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