FX.co ★ Trading plan 01/17/2018

Trading plan 01/17/2018

The general picture: The market is adjusted for correction.

By the morning of Wednesday, the market was in a corrective mood. In the US market, the mad euphoria of bulls has finally dried up and the main indices showed the first decline this year.

The Bitcoin has drifted down significantly in recent days.

The correction was also outlined in currencies.

Nevertheless, while the general trend against the dollar is not broken, very likely, we will see a new campaign against the dollar.

In the evening, at 19.00 London time, the Fed will publish a report on the economy "Beige Book". As always, 14 days before the decision on the rates.

GBPUSD

We are buying from a rollback from 1.3610.