Preferred direction: BUY
Comment: The British pound also remains on the buy list. Here, the expected movement for the current NFP is the same as for the euro. Growth is expected towards the level of 1.27000, where local resistance will occur. The target is not set above this area (quite an aggressive option). But one can consider potential sales when generating a signal. We do not exclude the possibility that a potential downward reversal will already occur at the beginning of next week.
Additional comments on this trade will be provided as situation changes. Follow us!
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