Trade plan 04.27.2018
The picture: The dollar is ready to continue its uptrend.
The ECB meeting has passed and the investors were not inspired by Draghi's performance. The euro fell as it moved towards 1.2100.
The focus of news on the U.S. for today: the significant report on the U.S.GDP for the first quarter at 12.30 London time.
Analysts predict a decline in growth to + 2% per annum, but at the same time, inflation growth in GDP to + 2.4%.
At the same time, orders for durable goods are held at high + 8% per annum.
In general, looking at the data we expect a new round of dollar growth.
GBP/USD pair: The pound may start a rebound to the top.
We can purchase this pair from 1.4000 with the target level at 1.4100.
