EXNESS - Analytics


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    GBPUSD: consolidation in the range of 1.5410-1.5466

    Buy on a level breakthrough of 1.5466 with 1.5520 target. Stop loss = 1.5416.

    Reason for the trading strategy

    Today, attention should be paid to the publication of the business activity index in the UK and the US manufacturing sectors for October. The exit of the GBP/USD pair beyond the range of 1.5410-1.5466 will serve as a signal for an opening of respective positions.

    GBPUSD, H1


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