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17.10.201816:20 Forex Analysis & Reviews: Trading Plan 10/17/2018

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 10/17/2018

Markets await EU Brexit summit.

Today, there should be a summit of heads of EU countries under a treaty with Britain. On the terms of trade after Britain's exit from the EU.

European currencies are ready to play decisions. The latest rumors about the preparation of agreements are not encouraging. The technical picture of the euro and the pound at the same time indicates the possibility of a positive conclusion of the summit.

Pound: We are ready to buy at the breakthrough of 1.326.

Alternative: Sell when you break down at 1.292.

Exchange Rates 17.10.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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