GBPUSD
March 29, 2016, 09:47
Buy on a level breakthrough of 1.4282 with 1.4365 target. Stop loss = 1.4232.
Reason for the trading strategy
Today, the speech given by Janet Yellen, the US Federal Reserve Chairman, will have a significant influence on the dollar. If she focuses her attention on the low inflation expectations in the United States, the GBPUSD could gain a foothold above the level of 1.4282.
GBPUSD, H1
March 29, 2016, 09:47
Buy on a level breakthrough of 1.4282 with 1.4365 target. Stop loss = 1.4232.
Reason for the trading strategy
Today, the speech given by Janet Yellen, the US Federal Reserve Chairman, will have a significant influence on the dollar. If she focuses her attention on the low inflation expectations in the United States, the GBPUSD could gain a foothold above the level of 1.4282.
GBPUSD, H1
GBPUSD: consolidation before Janet Yellen's speech
