EXNESS - Analytics

    EXNESS

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    Real

    The pound is rushing to the level of $1.4513

    Buy on a level breakthrough of 1.4420 with 1.4513 target. Stop loss = 1.4370.

    Reason for the trading strategy

    The US Federal Reserve's indecision in terms of further tightening of interest rate policy in the US gives hope for an increase in the GBPUSD pair to the level of 1.4513.  If tomorrow's data for the UK GDP is better than expected, the pair will consolidate above this level.

     

    GBPUSD, H4

     


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