Beginner Forex book

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Trading plan for March 13

Information is not investment advice

Again the day offers events for the USD and GBP. Core Durable Goods Orders figure and PPI level will affect the USD. The strength of the American currency will affect the EUR/USD pair.

The high volatility of the GBP is still on the arena. Yesterday, May's plan was defeated as a result, the market is waiting for the second vote that will take place today. If the Parliament votes for the no-deal scenario, more likely it will pull the GBP down. In case of the vote against it, tomorrow the Parliament will vote on the Brexit delay. High volatility isn't a reason to not trade GBP/USD.

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