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Trading recommendations for GBP / USD on August 19
Analysis of transactions
Bulls took control of the market, so the GBP / USD rate continues to climb higher and higher in the price chart. Buy deals at the price level of 1.3141 towards the level of 1.3175 even brought profit of about 30 pips.
The sharp rise in the pound came after US Treasury Secretary Steven Mnuchin said that there is no expected progress in the negotiations between Republicans and Democrats with regards to a new stimulus package.
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