EXNESS - Analytics


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    GBPUSD: consolidation in the range of 1.4078-1.4362

    Buy on a level breakthrough of 1.4362 with 1.4479 target. Stop loss = 1.4312.

    Reason for the trading strategy

    At the moment, we can say with a certain degree of caution that the cycle of interest rate rise in the US will be gradual, and the US Federal Reserve will not raise the rates this year more than 3 times (up to 1.00-1.25%), and definitely not 4 times, thus allowing the pound to adjust upwards.

    GBPUSD, H4

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