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GBPUSD Trade Idea -

Feb, 19th 11:22

ob-trade-idea

EU and UK leaders entered the second day of the EU summit where Prime Minister David Cameron pleads for support from the bloc on immigration policy and financial rules, aiming at keeping the UK in the EU in July referendum vote.

On the D1 charts, Stochastic has escaped from the oversold area but remains low; GBPUSD may tumble on Friday, preparing for a reversal next week.

Trade suggestion:

Buy Digital Put Options at 1.4250 and Digital Call Option at 1.4393 valid till 22/02/2016

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