Trading plan 05/07/2018
The picture: The market chooses the direction.
In the new week, a little news is expected. It is worth to pay attention to the inflation in the US on Thursday.
The news last week did not give a strong impetus, whereas, the strengthening the dollar will probably reach a local limit.
A strong pullback is possible but the movement is likely to continue.
For GBP / USD pair: the range is forming.
We are buying from the level of 1.3460.
We are selling from the level of 1.3460.
The material has been provided by InstaForex Company – www.instaforex.com
Trading plan 05/07/2018
The picture: The market chooses the direction.
In the new week, a little news is expected. It is worth to pay attention to the inflation in the US on Thursday.
The news last week did not give a strong impetus, whereas, the strengthening the dollar will probably reach a local limit.
A strong pullback is possible but the movement is likely to continue.
For GBP / USD pair: the range is forming.
We are buying from the level of 1.3460.
We are selling from the level of 1.3460.
The material has been provided by InstaForex Company – www.instaforex.com
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