29.07.2014 8:08 GBPUSD
GBPUSD: under pressure before the publication of the number of mortgages issued in the UK
Sell on a level breakthrough of 1.6950 with 1.6900 target. Stop loss = 1.7000.
Reason for the trading strategy.
Today at 8.30 GMT, the number of new mortgages issued in the UK will be published for June. A decrease in this indicator over the last 6 months will restrict transactions on the UK housing market, putting pressure on the pound.
GBPUSD, H4
GBPUSD: under pressure before the publication of the number of mortgages issued in the UK
Sell on a level breakthrough of 1.6950 with 1.6900 target. Stop loss = 1.7000.
Reason for the trading strategy.
Today at 8.30 GMT, the number of new mortgages issued in the UK will be published for June. A decrease in this indicator over the last 6 months will restrict transactions on the UK housing market, putting pressure on the pound.
GBPUSD, H4
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