EXNESS - Analytics

EXNESS

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GBPUSD: growth before the publication of the business activity index in the UK and the US manufacturing sectors

Buy on a level breakthrough of 1.4784 with 1.4847 target. Stop loss = 1.4734.
Reason for the trading strategy
Today, it is worth paying attention to the publication of the business activity index in UK and the US manufacturing sectors, which is expected to rise in December. With the GBPUSD consolidating above the 1.4784 level, its chances of testing the 1.4847 level are significantly increased.
 
GBPUSD, H1



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