EXNESS - Analytics

    EXNESS

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    GBPUSD: consolidation around the level of 1.3 dollars

    Sell on a level breakthrough of 1.2863 with 1.2791 target. Stop loss = 1.2913. 

    Reason for the trading strategy

    According to the market expectations, the volume of industrial production in the UK fell by 1% (m/m) in May. The realization of Brexit gives reason to believe that a deterioration of basic macroeconomic indicators in the UK will occur in the coming months.

     

    GBPUSD, H1

     



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