EXNESS - Analytics

    EXNESS

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    GBPUSD: consolidation in the range of 1.5025-1.5129

    Sell on a level breakthrough of 1.5080 with 1.5025 target. Stop loss = 1.5130.

    Reason for the trading strategy

    Growth of the yield spread between the 10-year US and UK bonds by 5 bps contributes to a greater attractiveness of the American, rather than the British bonds and puts pressure on the GBP/USD pair.

    GBPUSD, H1

    GBPUSD


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