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Trading Plan 03.10.2018
Overall picture: the market is waiting for momentum.
As we wrote earlier, the "Italian crisis", due to a small budget deficit, turned out to be greatly exaggerated: Italy makes concessions to the EU and reduces the target for the budget deficit.
The market is waiting for new moves in the US-China trade war: the last steps were the mutual introduction of duties - the US imposed duties on $200 billion worth of goods from China, Beijing responded with $60 billion So far - the lull. And, perhaps, the continuation will not be soon - or it will not exist at all.
Ahead of news from the US on Wednesday at 12.15 London time, the employment report from ADP will be released.
Pound: continues to consolidate.
We are ready to buy from 1.3220.
We are ready to sell from 1.2780.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
