mercredi 23 septembre 2015

GBPUSD: adjustment from the level of 1.5295

GBPUSD
Sept. 23, 2015, 11:09
Sell on a level breakthrough of 1.5295 with 1.5166 target. Stop loss = 1.5350.

Reason for the trading strategy

The CBI balance of production orders in the UK in September decreased from -1 to -7 p. The data reflect a decrease in demand for the products inside the country and push the pound to new lows. Currently, it is being adjusted from the support level of $1.5295. Nevertheless, the weakness of the EU currencies in relation to the US dollar can lead to a reduction in the GBP/USD pair to the level of 1.5166 in the medium term.


GBPUSD: adjustment from the level of 1.5295

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