EXNESS - Analytics

    EXNESS

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    GBPUSD: consolidation above the level of 1.4503

    Sell on a level breakthrough of 1.4503 with 1.4440 target. Stop loss = 1.4553.

    Reason for the trading strategy

    Today, the pound could come under pressure at the time of the publication of data on the UK's industrial production. In April, a zero growth rate is expected. At a breakthrough of the 1.4503 level, opening short positions for the GBPUSD pair is worth considering.
     

    GBPUSD, H1


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