Trading Plan 11/26/2018
The big picture: Focus on US news.
The market opened with some growth of the euro and the pound after the EU-Britain agreement, signed during the weekend.
However, it is difficult to pass this agreement through the British Parliament.
The market shifts attention to US news: on Wednesday, November 28, the second reading of US GDP for the 3rd quarter – and the Fed minutes.
On Thursday – the latest data on inflation in the US.
The main question is the prospect of the Fed rate.
Pound: We are ready to buy from 1.2930.
Alternative: Sell from 1.2720.
The material has been provided by InstaForex Company – www.instaforex.com
Trading Plan 11/26/2018
The big picture: Focus on US news.
The market opened with some growth of the euro and the pound after the EU-Britain agreement, signed during the weekend.
However, it is difficult to pass this agreement through the British Parliament.
The market shifts attention to US news: on Wednesday, November 28, the second reading of US GDP for the 3rd quarter – and the Fed minutes.
On Thursday – the latest data on inflation in the US.
The main question is the prospect of the Fed rate.
Pound: We are ready to buy from 1.2930.
Alternative: Sell from 1.2720.
The material has been provided by InstaForex Company – www.instaforex.com
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