Main Quotes Calendar Forum
flag

FX.co ★ Trading plan for GBP / USD pair as of 05/06/2018

parent
Forex Analysis:::2018-06-05T06:34:43

Trading plan for GBP / USD pair as of 05/06/2018

The pound has good chances to strengthen its positions today. In particular, the index of business activity in the service sector can grow from 52.8 to 53.0. In turn, the U.S. statistics also do not favor the growth of the dollar, s the number of open vacancies should decrease from 6.6 million to 6.4 million. Thus, there is virtually no doubt that the pound will be able to grow well naturally if forecasts on statistical data are justified.

The GBP/USD currency pair has once again returned to the level of 1.3300, forming near stagnation in the form of consolidation from candles like "Doji". It is likely that the bulls will once again try to work out the level by returning the quotation to the values of 1.3350 / 1.3390.

Trading plan for GBP / USD pair as of 05/06/2018

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...