Buy on a level breakthrough of 1.4770 with 1.4830 target. Stop loss = 1.4720.
Reason for the trading strategy
The second estimate for the UK GDP for Q1 2016 will be published today. If the figure is revised upwards by 0.1%, the GBPUSD pair could test the level of 1.4830. In the evening its adjustment is possible at the time of the US macroeconomic statistics publication.
Reason for the trading strategy
The second estimate for the UK GDP for Q1 2016 will be published today. If the figure is revised upwards by 0.1%, the GBPUSD pair could test the level of 1.4830. In the evening its adjustment is possible at the time of the US macroeconomic statistics publication.
Exness - GBPUSD: growth before publication of the UK GDP
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