Trading plan 12/13/2017
The general picture: Markets are waiting for the Fed and the ECB.
Today at 22.00 - the decision of the Fed about interest rate will increase by + 0.25% with a probability of 99%.
Tomorrow at 15.45 - the decision of the ECB could have surprises. In particular, the increase in the deposit rate for banks from the current level minus 0.4 percent.
The Euro is ready for a strong move. It is possible to play for a breakdown or up to level 1.1815 or down to level 1.1712.
Important! At 1:30 PM London time, an inflation report will be published in the US. The movement can start at 1:30 PM London time.
GBP/USD: We buy from the rollback 1.3320 with the target of 1.3550.
* The presented market analysis is informative and does not constitute a guide to the transaction
