GBPUSD
March 18, 2016, 10:36
Buy on a level breakthrough of 1.4502 with 1.4667 target. Stop loss = 1.4450.
Reason for the trading strategy
The fact that the yield spread between the US and the UK key interest rates remains unchanged and the downward revision of the trajectory of their increase in the United States support the GBPUSD pair. After an adjustment, it can reach the level of 1.4667.
GBPUSD, Daily
March 18, 2016, 10:36
Buy on a level breakthrough of 1.4502 with 1.4667 target. Stop loss = 1.4450.
Reason for the trading strategy
The fact that the yield spread between the US and the UK key interest rates remains unchanged and the downward revision of the trajectory of their increase in the United States support the GBPUSD pair. After an adjustment, it can reach the level of 1.4667.
GBPUSD, Daily
GBPUSD: consolidation below the level of 1.4502
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