Sell on a level breakthrough of 1.4587 with 1.4500 target. Stop loss = 1.4640.
Reason for the trading strategy
After the stock markets opened in the UK, the GBPUSD pair is late in winning back the data on the US GDP for Q1 2016 and J.Yellen's and J.Bullard's statements. The strengthening dollar trend is evident not only for members of the US Federal Reserve, but also for ordinary market participants.
Reason for the trading strategy
After the stock markets opened in the UK, the GBPUSD pair is late in winning back the data on the US GDP for Q1 2016 and J.Yellen's and J.Bullard's statements. The strengthening dollar trend is evident not only for members of the US Federal Reserve, but also for ordinary market participants.
Exness - GBPUSD: under pressure against the background of a strengthening dollar
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