EXNESS - Analytics

    EXNESS

    626.50 4.00/10
    69% of positive reviews
    Real

    The United Kingdom is ready to "tighten its belts"

    Sell on a level breakthrough of 1.4360 with 1.4283 target. Stop loss = 1.4410.

    Reason for the trading strategy

    According to the UK Minister of Finance George Osborne, the UK's budget for 2016-2020 can be reduced more than expected. A number of tough decisions may be introduced into it because of the instability in the global economy (caused by growth slowdown in China), falling oil prices and an instability in the Middle East.          

    GBPUSD, H1


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