EXNESS - Analytics

    EXNESS

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    GBPUSD: consolidation below the level of 1.5545

    Buy on a level breakthrough of 1.5545 with 1.5600 target. Stop loss = 1.5495.

    Reason for the trading strategy

    Today at 10.00 GMT, the production orders balance in the UK will be published. The indicator's growth from -7 to -4 p., expected in July, may provide support for the pound. At a breakthrough of the level of 1.5545, opening long positions in the GBP/USD pair is worth considering.
     

    GBPUSD, H4

    GBPUSD


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