Sell on a level breakthrough of 1.4299 with 1.4241 target. Stop loss = 1.4350.
Reason for the trading strategy
In March, the UK retail sales decreased by 1.3% (m/m), with a forecast of 0.1% (m/m) decline. The statistics indicate a decrease in consumer activity of British households and puts pressure on the pound.
Reason for the trading strategy
In March, the UK retail sales decreased by 1.3% (m/m), with a forecast of 0.1% (m/m) decline. The statistics indicate a decrease in consumer activity of British households and puts pressure on the pound.
Exness- GBPUSD: under pressure against background of a decline in retail sales in UK
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