GBPUSD
Oct. 13, 2015, 10:43
Sell on a level breakthrough of 1.5251 with 1.5107 target. Stop loss = 1.5310.
Reason for the trading strategy
In September, the UK consumer price index dropped from 0 to -0.1% in annualized terms. This year, inflation was below zero only in April. Reduced inflationary pressures suggest that the cycle of monetary tightening in the country will be postponed to a later time.
GBPUSD, H4
Oct. 13, 2015, 10:43
Sell on a level breakthrough of 1.5251 with 1.5107 target. Stop loss = 1.5310.
Reason for the trading strategy
In September, the UK consumer price index dropped from 0 to -0.1% in annualized terms. This year, inflation was below zero only in April. Reduced inflationary pressures suggest that the cycle of monetary tightening in the country will be postponed to a later time.
GBPUSD, H4
Inflation in the UK is again below zero
