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25.05.201809:36 Forex Analysis & Reviews: Trading plan 05/25/2018

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Trading plan 05/25/2018

The general picture: The dollar is growing. But fatigue is mounting.

Today, two important events for the market. At 13.30 London time, the report on orders for durable goods in the US, the first important report on the economy in recent weeks. At 14.20, the new head of the Fed will be Jerome Powell.

Any of these events can provoke a strong correction in the dollar.

GBP / USD: We are ready to buy the pound with a break above 1.3450.

Exchange Rates 25.05.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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