EXNESS - Analytics

    EXNESS

    628.50 4.00/10
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    Real

    There are risks of the pound falling to the level of $1.4330.

    Sell on a level breakthrough of 1.4384 with 1.4330 target. Stop loss = 1.4434.

    Reason for the trading strategy

    In May, the number of jobs grew from 166 thousand to 173 thousand in the US private sector according to the ADP. The news indicates an improvement in the labor market in the US, which creates prerequisites for an accelerated growth of the US GDP. Today, it is worth paying attention to the employment data outside the US agricultural sector.  

     

    GBPUSD, H4

     


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