BUY GBP/USD – 1.4065 COOL TRADE

BUY GBP/USD - 1.4065 COOL TRADE

 

BUY GBP/USD @ 1.4065  TP: 1.425  SL: 1.385

Our Analysis

As our Chief Market Strategist wrote in the article analyzing today’s FOMC: “The latest set of quarterly forecasts showed that policymakers were divided over the outlook for the benchmark interest rate in 2018. Seven officials projected at least four quarter-point hikes would be appropriate this year, while eight expected three or fewer increases to be warranted.”

Which despite the hike and the unanimous votation sent the Greenback to the floor. Which helped to break a tough resistance in the Pound, marking the confirmation of a new rally towards January maximums.


Don't Miss Pro Indicators And Trading Systems

Check Now

Our community traders work with EasyMarkets brokerage company for over 5 years. If you are thinking to open Demo or Real forex trading account we recommend EasyMarkets. They currently offer up to 2000$ bonus on your deposit..to find details click below:

Read Review