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The market is waiting for an impulse from the negotiations in Brussels, Theresa May and Juncker - at first it seemed that a breakthrough would be achieved - two representatives of Britain urgently flew to Brussels for detailed negotiations. However, later it was reported that the new EU - Britain agreement could not be reached quickly - although some progress was mentioned.
Now experts write that, most likely, British Prime Minister May will ask the EU to postpone the timing of Britain's exit from the EU - for three months, and possibly more. So far, ahead of May is a new vote in Parliament on February 27 under an agreement with the EU.
On Friday morning, the EURUSD rate is under strong resistance on the way up - the level of 1.1375.
Or, the euro breaks to the top of 1.1375 and is fixed above 1.1400 - a strong signal upwards.
Or there is another reversal - and then the key level is down 1.1230.
We buy from 1.1375.
We sell from 1.1230.
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