Events that affect the pound today:
11:30 MSK. United Kingdom: Unemployment rate for May (the previous value of 4.2%, forecast 4.2%).
16.15 MSK. USA: Industrial Production June (the previous value of -0.1% m / m; forecast 0.5% m / m).
Pound Dollar forecast GBP / USD today 17/07/2018
Today, the players on the pound probably worth waiting for the depreciation of the British against the backdrop of negative on the bond market, where the yield of British 10-year bonds fall to US and German securities. The negative trend in the bond market may accelerate in the second half of the session, when in America will be released positive data on industrial production and the Fed chairman in the Congress noted a steady increase in inflation and the acceleration of GDP, which will continue the FOMC rate hike cycle. Greenbacks for a positive signal!
GBP / USD recommendation: Sell 1,3260 / 1,3290 and take profit 1,3220.
Company analyst FreshForex