GBPUSD: growth before the meeting of the Bank of England
Buy on a level breakthrough of 1.5670 with 1.5760 target. Stop loss = 1.5600.
Reason for the trading strategy
The volume of industrial production in the UK, the decision on the interest rate, the Bank of England meeting minutes and the quarterly report on inflation will be published today. The optimistic macroeconomic forecasts for the UK will increase the likelihood of an increase in the country's key interest rate in the medium term.