Sell on a level breakthrough of 1.4503 with 1.4440 target. Stop loss = 1.4553.
Reason for the trading strategy
Today, the pound could come under pressure at the time of the publication of data on the UK's industrial production. In April, a zero growth rate is expected. At a breakthrough of the 1.4503 level, opening short positions for the GBPUSD pair is worth considering.
Reason for the trading strategy
Today, the pound could come under pressure at the time of the publication of data on the UK's industrial production. In April, a zero growth rate is expected. At a breakthrough of the 1.4503 level, opening short positions for the GBPUSD pair is worth considering.
Exness - GBPUSD: consolidation above the level of 1.4503
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