In the short term the pound may test the 1.5932 level

December 30, 2014


Sell on a level breakthrough of 1.5485 with 1.5415 target. Stop loss = 1.5545.

Reason for the trading strategy

The British pound, just like its European counterparts, has come under sales against the background of the growing political crisis in Greece. In case the UK exits from the EU, the Foggy Albion's economic growth would probably accelerate. In the short term we do not exclude the pound falling to the 1.5415 level and in the medium term to the 1.5230 level.


Publication source
EXNESS information  EXNESS reviews

December 6, 2016
Financial markets gripped by Monday jitters
Risk aversion intensified during early trading on Monday following reports of Italian Prime Minister Matteo Renzi experiencing a crushing defeat in the referendum on constitutional reforms which sparked concerns of renewed political instability in Europe...
December 5, 2016
Gold prices struggled for a direction
MACD was in the negative territory. If MACD remains in the negative territory, sellers’ positions will strengthen. RSI was in a neutral area...
December 5, 2016
Mixed Jobs Report Keeps High Fed Expectations Intact
As we noted the day before Friday’s US jobs report, only a significantly worse-than-expected reading for November would have likely made the Federal Reserve’s next interest rate decision more difficult...

OANDA Rating
HYCM Rating
Orbex Rating
XM Rating
Trade360 Rating
XTB Rating

OptionRally Rating
OptionsXO Rating
Binary Brokerz Rating
EZTrader Rating
IQ Option Rating
365BinaryOption Rating