EXNESS - Analytics


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    GBPUSD: consolidation before Janet Yellen's speech

    Buy on a level breakthrough of 1.4282 with 1.4365 target. Stop loss = 1.4232.

    Reason for the trading strategy

    Today, the speech given by Janet Yellen, the US Federal Reserve Chairman, will have a significant influence on the dollar. If she focuses her attention on the low inflation expectations in the United States, the GBPUSD could gain a foothold above the level of 1.4282. 


    GBPUSD, H1


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