EXNESS - Analytics


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    The pound breaks through the lower limit of the 1,5533-1,5628 range

    Sell on a level breakthrough of 1.5533 with 1.5442 target. Stop loss = 1.5583.

    Reason for the trading strategy

    In May, the UK manufacturing output fell by 0.6% (m/m) with an expected growth of 0.1% (m/m). Against the background of the strengthening US dollar against the euro, the negative data put pressure on the GBP/USD pair.


    GBPUSD, H4


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