Buy on a level breakthrough of 1.4530 with 1.4600 target. Stop loss = 1.4480.
Reason for the trading strategy
The data on consumer inflation in the UK and the US will be published today. The rise in oil prices in April will have a positive impact on inflationary pressures in these regions. From the technical point of view, at the breakthrough of the 1.4530 level, opening long positions in the GBPUSD pair should be considered.
Reason for the trading strategy
The data on consumer inflation in the UK and the US will be published today. The rise in oil prices in April will have a positive impact on inflationary pressures in these regions. From the technical point of view, at the breakthrough of the 1.4530 level, opening long positions in the GBPUSD pair should be considered.
Exness - GBPUSD: growth before publication of inflation statistics for UK and the US
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