GBPUSD
Oct. 7, 2015, 10:36
Buy on a level breakthrough of 1.5283 with 1.5383 target. Stop loss = 1.5233.
Reason for the trading strategy
Expectations of a 0.3% (m/ m) increase in industrial production in the UK in August support the pound. At the level breakthrough of $1197, opening long positions in gold should be considered.
GBPUSD,H4
Oct. 7, 2015, 10:36
Buy on a level breakthrough of 1.5283 with 1.5383 target. Stop loss = 1.5233.
Reason for the trading strategy
Expectations of a 0.3% (m/ m) increase in industrial production in the UK in August support the pound. At the level breakthrough of $1197, opening long positions in gold should be considered.
GBPUSD,H4
In the short term, the Aussie may test the 1.5383 dollar level.
