Buy on a level breakthrough of 1.4580 with 1.4650 target. Stop loss = 1.4530.
Reason for the trading strategy
Today's rally of the pound (according to rumors) was a result of a very large and incorrectly entered application for purchase, execution of which triggered a cascade-like execution of stops. J.Yellen's soft rhetoric provided additional support for the GBPUSD pair in respect of the US monetary policy.
Reason for the trading strategy
Today's rally of the pound (according to rumors) was a result of a very large and incorrectly entered application for purchase, execution of which triggered a cascade-like execution of stops. J.Yellen's soft rhetoric provided additional support for the GBPUSD pair in respect of the US monetary policy.
Exness - GBPUSD: consolidation below the level of 1.4580
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