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FX.co ★ Trading plan 06/11/2018

Trading plan 06/11/2018

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.

Trading plan 06/11/2018

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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