EXNESS - Analytics

    EXNESS

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    GBPUSD: growth against the background of weakening US dollar

    Buy on a level breakthrough of 1.4267 with 1.4412 target. Stop loss = 1.4217.

    Reason for the trading strategy

    The Japanese "surprise" and the slowdown of the US GDP in from 2% (q/q) to 0.7% (q/q) Q4 2015 are putting the US Federal Reserve in an awkward position and form the preconditions for a later increase in the basic US interest rate.

     

    GBPUSD, H1


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