GBPUSD Trading in Bullish territory TARGET 1.5580
Fundamental News analysis always helpful to currency & stock tradings. Today , UK National statistic office told that industrial output rose 0.7% in March from February beating the forecast of 0.2% expected. British (UK) industrial data boosted by manufacturing and recovery in Oil and Gas Output. But remember , annual UK industrial output still 1.4% lower.Fundamental News Analysis and Trading recommendation:-
UK industrial data will be helpful for GBP. so traders are advice to take long position on GBPUSD counter for TARGET of 1.5580 . Because GBPUSD pair currently trading in sharp bullish zone. Remember After BOE interest rates announcement it may fall if Key interest rates hold unchanged .
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