GBP/USD: TRADING RECOMMENDATIONS

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At this time the main target of traders’ consideration is the assembly of the Financial institution of England. Its resolution on charges will likely be revealed at 12:00 (GMT). The Financial institution of England’s key rate of interest is anticipated to stay unchanged at 0.10% and the goal quantity of asset purchases at £ 895 billion.

Staying within the zone above the important thing assist ranges 1.3135 (ЕМА200 on the every day chart), 1.3175 (ЕМА200 on the weekly chart), the pair is within the bull market zone.

Help ranges: 1.3590, 1.3525, 1.3490, 1.3400, 1.3300, 1.3210, 1.3175, 1.3135

Resistance ranges: 1.3667, 1.3758, 1.3800, 1.3900, 1.3960

 

Buying and selling suggestions

Promote ​​Cease 1.3480. Cease-Loss 1.3610. Take-Revenue 1.3400, 1.3300, 1.3210, 1.3175, 1.3135, 1.3100, 1.2865

Purchase by market. Purchase Restrict 1.3500. Purchase Cease 1.3610. Cease-Loss 1.3480. Take-Revenue 1.3667, 1.3758, 1.3800, 1.3900, 1.3960

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