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Thread: Everyday market report - July 17/2015

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    Senior Member fxbirati has a spectacular aura about fxbirati has a spectacular aura about fxbirati's Avatar
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    Thanks for the signal but I am waiting to buy the GBPUSD at deep and I think it has a great opportunity to but if it breaks but buy at 1.5500 level would give us more profit.

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    Member Ex.ness Support is on a distinguished road Ex.ness Support's Avatar
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    Everyday market report - July 17/2015

    The pound is testing the 1.5670 level

    Buy on a level breakthrough of 1.5670 with 1.5770 target. Stop loss = 1.5620.

    Reason for the trading strategy :
    Issue of significant macroeconomic statistics for the UK is not expected today. The inflation statistics on the US is going to be the main influence on the GBP/USD pair. From a technical point of view, buying the pair should be considered above the 1.5670 resistance level.

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