Positive macroeconomic statistics from the United States | 06 Junio 2019

06 Junio 2019, GBP/USD

Positive macroeconomic statistics from the United States

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.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
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