EXNESS - Analytics


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    The pound is approaching the level of 1.5133

    Sell on a level breakthrough of 1.5133 with 1.5025 target. Stop loss = 1.5183.

    Reason for the trading strategy

    Thanks to the improved macroeconomic statistics in the US, the American Central Bank will be the first among its colleagues from the G7 countries to launch the interest rate policy tightening cycle. Expectations of an increase of the US key interest rate by 25 bps in December exert pressure on the GBP/USD pair.

    GBPUSD, H4


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