Trading plan 26.09.2018

Trading plan 26.09.2018

The overall picture: all the attention on the Federal Reserve.

The attention of the market has completely shifted to the Fed. Everyone is waiting for the Fed rate hike at +0.25%, from 1.875% to 2.125%

The Fed decision and the text of the statement at 18.00 London time. The latest report on the economy before the Fed - the index of consumer optimism - at a long-term high, the highest value since 2002 (138.4).

The Fed has little choice but to raise rates. However, there is a Trump factor who publicly expressed dissatisfaction with the increase in rates.

Pound: Returned after a sharp drop.

We are ready to buy the pound above 1.3300.

Alternative: Sell at a breakthrough of 1.2780 downwards.

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The material has been provided by InstaForex Company - www.instaforex.com