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07.12.201809:13 Forex Analysis & Reviews: Trading Plan 12/07/2018

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 12/07/2018.

The big picture: There is no clarity with the direction yet.

Important news about the USA has been released - Fed Report "Beige Book" and ADP Employment Report for November.

But so far the market has not received directions.

Ahead, of course,- the vote of the EU-Britain agreement in the British Parliament (December 11) and the ECB meeting (December 13).

Perhaps, nevertheless, the market will start moving earlier.

Today, the Nonfarm employment report at 12.30 London time.

Pound: We are ready to buy from 1.2850.

But - we are ready to sell from 1.2650.

Exchange Rates 07.12.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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