FX.co ★ Trading plan 05/28/2018

Trading plan 05/28/2018

The general picture: News comes to the market.

After two weeks of almost no important events, the market receives important news, which is the political crisis in Italy. it is impossible to form a government with the majority of populist Eurosceptics.

On Monday, the market is waiting for data on inflation in the euro area.

(Do not forget that it is a day off in the US as it is Memorial Day).

On Wednesday and Friday, there will be important data in the U.S, particularly the Employment reports for May and report on inflation.

GBP/USD pair: We are waiting for an upward reversal.

We are buying from 1.3425.