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11.06.201823:16 Forex Analysis & Reviews: Trading plan 06/11/2018

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 06/11/2018

The general picture: the main week of the Central Bank.

The two main events of the week are the decisions of the Fed (June 13) and the ECB (June 14).

The Fed is almost guaranteed to raise the rate.

Question: What will the ECB do? On the markets, the information is persistently spread that the ECB will announce the completion (on the near completion?) Of a program for pumping liquidity markets. And perhaps, and raise the deposit rate.

The growth of the euro is caused by these expectations.

GBPUSD: Buy from 1.3350.

Exchange Rates 11.06.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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