EXNESS - Analytics

    EXNESS

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    GBPUSD: consolidation above the level of 1.4335

    Buy on rebound from 1.4335 level with 1.4513 target. Stop loss = 1.4285.

    Reason for the trading strategy

    The current reduction in the GBPUSD pair fits into the scope of an adjustment after rising last week. The intentions of the US Federal Reserve to raise interest rates at a slower pace than expected in December 2015, have not yet been fully won back by the world's reserve currency.            

    GBPUSD, H4


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