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07.05.201811:11 Forex Analysis & Reviews: Trading plan 05/07/2018

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Trading plan 05/07/2018

The picture: The market chooses the direction.

In the new week, a little news is expected. It is worth to pay attention to the inflation in the US on Thursday.

The news last week did not give a strong impetus, whereas, the strengthening the dollar will probably reach a local limit.

A strong pullback is possible but the movement is likely to continue.

For GBP / USD pair: the range is forming.

We are buying from the level of 1.3460.

We are selling from the level of 1.3460.

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