Exness - The internal macroeconomic statistics puts pressure on the pound

Sell on a level breakthrough of 1.4376 with 1.4306 target. Stop loss = 1.4426.



Reason for the trading strategy

In April, retail sales in the UK stores, which have been open for at least a year, fell by 0.9% (y/y), while the Halifax prices for residential real estate fell by 0.8% (m/m). The statistics indicate low consumer activity of British households and put pressure on the pound.

Exness - The internal macroeconomic statistics puts pressure on the pound