Sell on a level breakthrough of 1.4440 with 1.4365 target. Stop loss = 1.4500.
Reason for the trading strategy
The business activity index in the UK services sector decreased from 53.7 p. to 52.3 p in April 2016.Some companies operating in the services sector announced that customers were postponing new contracts due to the forthcoming referendum on the EU membership. The negative statistics puts pressure on the pound.
Reason for the trading strategy
The business activity index in the UK services sector decreased from 53.7 p. to 52.3 p in April 2016.Some companies operating in the services sector announced that customers were postponing new contracts due to the forthcoming referendum on the EU membership. The negative statistics puts pressure on the pound.
Exness - GBPUSD: consolidation above the level of 1.4440
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