GBPUSD Trade Idea- 24th june

GBPUSD Trade Idea- 24th june

24 Jun 2020 11:01 AM

Our Preference Sell GBPUSD 26 JUNE 2020

Current Price: 1.2507

Stop Loss: 1.2542

Target: 1.2440

* Trade call based on- Sterling's failure to sustain the break above 1.2535/40, uncertainty about the upcoming Brexit talks this week and rising off-risk sentiments following rise in virus cases globally all likely to put pressure on sterling today.