British Pound went upwards last week after reaching 1,2700. The currency pair has got support from Brexit news. One of the UK ministers has announced the possible agreement between the UK and the European Union. This agreement may be signed on November.
GBP/USD started to grow on Wednesday and reached 1,3000 by Friday. However, the last day of week was negative for the Pound after the US Labor Market data, which has shown more than expected new jobs.
As for the perspectives, GBP/USD looks promising currently regardless this Friday’s stop. We think that the currency pair is able to reach 1,3250 in the nearest future as the expectations of this UK-EU agreement will support risks appetites.
GBP/USD started to grow on Wednesday and reached 1,3000 by Friday. However, the last day of week was negative for the Pound after the US Labor Market data, which has shown more than expected new jobs.
As for the perspectives, GBP/USD looks promising currently regardless this Friday’s stop. We think that the currency pair is able to reach 1,3250 in the nearest future as the expectations of this UK-EU agreement will support risks appetites.