Trading plan 02/26/2018
The overall picture: This is the week of important news.
In the new week, there will be several important news in the US. A package for three days: Tuesday, Wednesday, Thursday.
On Tuesday and Thursday, the US Congress will make a report with the new head of the Federal Reserve Powell at 13:00 London time. The main issue is inflation and rates.
On Tuesday, in addition, at 13:30 London time, the orders for durable goods.
On Wednesday at 13:30 London time, the report on US GDP. And on Thursday, as always, after GDP, the inflation report on the RFE index. That's important.
For the currency pair GBP / USD, the discussion on Brexit in Britain was revived again.
Nevertheless, the pound is expected to raise rates and we look at the pound upward.
We buy both from a strong pullback and after overcoming the high of 1.4150.
