Reply to thread

Message: [QUOTE="Exness Support, post: 76279, member: 30713"] GBPUSD: consolidation in the 1.5127 - 1.5189 range GBPUSD Jan. 14, 2015, 08:46 Sell on a level breakthrough of 1.5127 with 1.5056 target. Stop loss = 1.5189. Reason for the trading strategy The December decline in the consumer price index the UK from 1.0% to 0.5% per annum reduced the likelihood of a tighter monetary policy in this country in the next six months. According to the Bank of England's estimates, which were given in Q4 2014, a possible increase in the key rate to the 0.75% level will not occur earlier than in Q3 2015. The lower prices for oil and other commodities has contributed to a drop in inflation in the UK. In the short term, the pound is likely to test the 1.5056 support level again. GBPUSD, H4 [img]https://www.exness.com/media/media/2015/01/14/gbpusd.png[/img] [/QUOTE]

Top Bottom