The pound is testing the support level of 1.5465

September 22, 2015

Sell on a level breakthrough of 1.5465 with 1.5400 target. Stop loss = 1.5515.

Reason for the trading strategy

Today at 10:00 GMT, the CBI balance of manufacturing orders for the UK will be published. The indicator's growth from -1 to 0 p., expected in September, can provide slight support for the pound. Meanwhile, from a technical point of view, the GBP/USD pair breaking through the level of 1.5465 may cause it to test the mark of 1.54.

Publication source
EXNESS information  EXNESS reviews

January 18, 2017
Stock markets continued to stabilise
German HICP confirmed at 1.7% y/y, as expected, with prices up 1.0% m/m. The sharp acceleration from just 0.7% y/y in November was mainly due to base effects from lower energy prices and the breakdown showed that prices for heating oil jumped 21.9% y/y in December...
January 18, 2017
Pound Sterling soars on PM May's Brexit speech
The British pound posted strong gains yesterday with the Prime Minister Theresa May outlining her vision for Brexit and the parliamentary approval of the Brexit deal...
January 18, 2017
Sterling remains in the spotlight
The Sterling/Dollar exploded into extreme gains on Tuesday with prices clipping above 1.2400 after Prime Minister Theresa May’s optimistic Brexit speech signaled that the United Kingdom was seeking a deal which would satisfy both parties...

Tickmill Rating
Larson&Holz IT Ltd Rating
FOREX.com Rating
FxPro Rating
FBS Rating
Grand Capital Rating

Empire Option Rating
Banc De Binary Rating
24option Rating
Grand Option Rating
Porter Finance Rating
OptionFair Rating