Sell on a level breakthrough of 1.4461 with 1.4400 target. Stop loss = 1.4511.
Reason for the trading strategy
The British Prime Minister David Cameron believes that exit from the EU could have a negative impact on the steel industry. A considerable amount of British steel is sold in the EU, and the lack of membership in the union may imply additional expenses for Britain. David Cameron's verbal interventions still haven't provided any significant support for the British currency. Today it is worth paying attention to the publication of the business activity index in the UK services sector, which may be slightly reduced in April.
Reason for the trading strategy
The British Prime Minister David Cameron believes that exit from the EU could have a negative impact on the steel industry. A considerable amount of British steel is sold in the EU, and the lack of membership in the union may imply additional expenses for Britain. David Cameron's verbal interventions still haven't provided any significant support for the British currency. Today it is worth paying attention to the publication of the business activity index in the UK services sector, which may be slightly reduced in April.
Exness - GBPUSD: adjustment from the support level of 1.4461
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