EXNESS - Analytics

    EXNESS

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    Real

    GBPUSD: consolidation in the range of 1.4617-1.4782

    Buy on a level breakthrough of 1.4782 with 1.4850 target. Stop loss = 1.4732.

    Reason for the trading strategy

    The balance of the CBI production orders in the UK in June rose from -8 p. to -2 p. The statistics, which was better than expected, supported the pound.  The British currency will continue to grow as soon as the concerns relating to the possible UK's exit from the EU disappear.

     

    GBPUSD, H1

     


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