Forex Fundamental Analysis – Theresa May is seeking further concessions on her Brexit

GBPUSD – Flat

Theresa May is seeking further concessions on her Brexit

GBPUSD trading plan:

The pound has a chance to grow. British Prime Minister Theresa May will ask Brussels for a technical delay Brexit for three months. Britain is due to leave the EU on March 29, but Prime Minister Theresa May is seeking further concessions on her Brexit. Michel Barnier, the European Union’s chief Brexit negotiator, said he doesn’t exclude a delay to the date Britain leaves the bloc though the decision would require unanimity among the European heads of government. This is a positive signal for the British currency in the short term.

Trading recommendation: Buy 1.3030 and take profit 1.3110.

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