EXNESS - Analytics

    EXNESS

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    GBPUSD: under pressure against the background of a strengthening US dollar

    Sell on a level breakthrough of 1.4637 with 1.4572 target. Stop loss = 1.4687.

    Reason for the trading strategy

    The weakness of the euro against the US dollar contributes to strengthening of the latter against most EU currencies. In addition, the internal statistics provides support for the world's reserve currency. In December, the ISM New York manufacturing index grew from 60.7 p. to 62 p.

     

    GBPUSD, H4


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