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EXNESS

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GBPUSD: growth before the publication of the business activity index in the UK services sector

Buy on a level breakthrough of 1.5444 with 1.5497 target. Stop loss = 1.5394.

Reason for the trading strategy

This afternoon, the business activity index in the UK services sector will be published. The growth rate from 53.3 p. to 54.6 p. expected in October will probably provide support for the pound. It should be noted that in recent years the service sector contributes more to GDP than to the industrial sector.

GBPUSD, H1

GBPUSD



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