06 Juni 2019, GBP/USD
GBPUSD trading plan:
Positive macroeconomic statistics from the United States, negative will affect the value of the British currency. The ISM said its non-manufacturing activity index rose 1.4 points to a reading of 56.9 in May. A reading above 50 indicates expansion in the sector, which accounts for more than two-thirds of U.S. economic activity. The May increase in services industry activity reflected a jump of 1.7 points in the production subindex. Activity was also boosted by gains in the new orders measure. A gauge of services industry employment surged 4.4 points to a seven-month high.
Trading recommendation: Sell 1.2701 and take profit 1.2655.