Buy on a level breakthrough of 1.4461 with 1.4521 target. Stop loss = 1.4411.
Reason for the trading strategy
After the publication of the US labor market statistics the likelihood of raising the federal funds rate in June dropped to almost zero. Even for January 2017 traders estimate the probability of just a 43% rate hike. This week, the internal macroeconomic statistics may have tripped the pound.
Reason for the trading strategy
After the publication of the US labor market statistics the likelihood of raising the federal funds rate in June dropped to almost zero. Even for January 2017 traders estimate the probability of just a 43% rate hike. This week, the internal macroeconomic statistics may have tripped the pound.
Exness - GBPUSD: growth against the background of a weakening dollar
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