EXNESS - Analytics

    EXNESS

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    GBPUSD: consolidation around the 1.5402 level

    Sell on a level breakthrough of 1.5402 with 1.5300 target. Stop loss = 1.5452.

    Reason for the trading strategy

    Today, the Bank of England's quarterly financial policy report will be published The weak inflationary pressures and problems in the EU contribute to the preservation of a soft monetary policy in the country. In the framework of the downtrend, opening short positions in the pound should be considered at a level breakthrough of 1.5402.

     

    GBPUSD, H4

    GBPUSD


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