Trading plan 04/06/2018

General picture: All attention to trade disputes between the US and the EU and China.

At the weekend was the “Big Seven”. The main theme was the decision of Trump to introduce new import duties in the US steel and aluminum, for the US allies (Europe, Canada) and for China. All the US trading partners opposed Trump united front, the US in isolation.

A new summit of the Seven is due to take place this week. Already at the level of the heads of the countries, Trump said at the weekend that he is firm in his decisions on duties. This will be the main theme of the week.

GBP / USD: We are buying from 1.3350, we expect growth.

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The material has been provided by InstaForex Company – www.instaforex.com

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