EXNESS - Analytics


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    The pound is testing the 1.5670 level

    Buy on a level breakthrough of 1.5670 with 1.5770 target. Stop loss = 1.5620.

    Reason for the trading strategy

    Issue of significant macroeconomic statistics for the UK is not expected today. The inflation statistics on the US is going to be the main influence on the GBP/USD pair. From a technical point of view, buying the pair should be considered above the 1.5670 resistance level.


    GBPUSD, H4


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