Preferred direction: BUY
Comment: Today, a rather large amount of economic data from the United States is expected. Against this background, we have an active long trade in the pound, where, according to scenario №2, we expect growth to the level of 1.27500. During the publication of data, it is possible that the price will fall, but not below the level of 1.26000. It is unlikely that there will be an update of the minimum near the level of 1.26000 before the price reaches the level of 1.27500.
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Comment: Today, a rather large amount of economic data from the United States is expected. Against this background, we have an active long trade in the pound, where, according to scenario №2, we expect growth to the level of 1.27500. During the publication of data, it is possible that the price will fall, but not below the level of 1.26000. It is unlikely that there will be an update of the minimum near the level of 1.26000 before the price reaches the level of 1.27500.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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