Sell on a level breakthrough of 1.4485 with 1.4400 target. Stop loss = 1.4535.
Reason for the trading strategy
This week, the dollar may be supported by the data on new home sales, durable goods orders, and the US GDP. The statistics, which is better than expected, will increase the chances of an increase in the base interest rate in the US this summer
Reason for the trading strategy
This week, the dollar may be supported by the data on new home sales, durable goods orders, and the US GDP. The statistics, which is better than expected, will increase the chances of an increase in the base interest rate in the US this summer
Exness - GBPUSD: under pressure against the background of a strengthening dollar
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