EXNESS - Analytics

EXNESS

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Real

The pound is testing the support level of $1,528.

Sell on a level breakthrough of 1.5280 with 1.5174 target. Stop loss = 1.5330.

Reason for the trading strategy

In August, the business activity index in the UK's manufacturing sector decreased from 51.9 p. to 51.4 p., and in the US it decreased from 52.7 p. to 51.1 p. The negative statistics contributes to the growth of demand for the world's reserve currency.

 

GBPUSD, H4

GBPUSD



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