EXNESS - Analytics

    EXNESS

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    GBPUSD: growth before the publication of the statistics on the UK's labor market

    Buy on a level breakthrough of 1.5183 with 1.5250 target. Stop loss = 1.5133.

    Reason for the trading strategy

    Expectations of strong statistics on the UK labor market support the pound. In September, it is predicted that the unemployment rate will remain unchanged at 5.4%, and the average salary will increase from 3% (y/y) to 3.2% (y/y).

    GBPUSD, H4

    GBPUSD


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