EXNESS - Analytics

    EXNESS

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    GBPUSD: consolidation below the 1.5384 level

    Buy on a level breakthrough of 1.5384 with 1.5482 target. Stop loss = 1.5334.

    Reason for the trading strategy

    The UK foreign trade statistics for August will be published today. The expected reduction from 11.1 billion to 10 billion pounds in the country's trade deficit will support the pound. In the breakthrough of the $1.5384 level, opening the next set of long positions in it is worth considering.

    GBPUSD,H4

    GBPUSD


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