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08.02.201909:39 Forex Analysis & Reviews: Progress in the Brexit negotiations supports the pound. Forecast for Forex market on February 8

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Signals for the EUR / USD pair:

A breakout at the level of 1.1345 will lead to the growth of the euro in the area of 1.1368 and 1.1394. However, a breakthrough at 1.1317 will lead to sales of the euro in the area of 1.1292 and 1.1272.

Signals for the GBP / USD pair:

A Breakout of the level of 1.2965 will lead to the growth of the pound in the area of 1.2993 and 1.3048. On the other hand, a breakthrough at 1.2922 will lead to sales of the pound in the area of 1.2860 and 1.2808.

Fundamental data:

The following economic report are expected to be released:

- Germany's foreign trade balance

- Industrial production in italy

- Canadian unemployment rate

Miroslaw Bawulski
Analytical expert of InstaForex
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