FX.co ★ Trading Plan 10/29/2018

Trading Plan 10/29/2018

The big picture: Focus on US data.

Ahead is a week of important news on the US economy. As early as Monday at 13.30 London time, the inflation report on the RFE index, on Wednesday and Friday, employment reports for October. At the same time, the market keeps in mind the approach of the Fed meeting on November 7 and evaluates the data from this perspective.

European currencies last week showed a decline, but so far a strong trend has not developed.

Pound: We keep selling from 1.2920.

Purchase, not earlier than 1.3260.