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GBPUSD: consolidation before the publication of the number of permits for mortgage lending issued in the UK

Sell on a level breakthrough of 1.5661 with 1.5600 target. Stop loss = 1.5711.

Reason for the trading strategy

The British currency remains much more confident against the US dollar than its European colleagues. The pound has closed the morning gap for the moment. Today, the May statistics on lending in the UK may provide support for the pound.




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