This Week’s Bullish Trading Bias British Pound

Bullish Trading Bias British Pound

Bullish Trading BiasThis Week’s FREE trading bias was for the  Gbp/Usd currency pair. This week was a good example showing how my strategies do not focus on the number of traders but instead look for high-quality trading opportunities. This week the high-low rule disqualified a potential trade in our zone. For those traders that did follow the trading rules, you should have made 0 pips.

To View the Bullish Trading Bias video that we posted when we gave out the bias for the GBP/Usd currency pair simply click here.

               Forex Market Outlook

This week I will take a look at a few currency pairs to see if we can find possible trading opportunities.  The four currency pairs that we will focus on in this video will be Gbp/Usd, Eur/Usd, Usd/Jpy and Usd/Cad.  When looking at these pairs I will be paying close attention to the MACD indicator on the daily chart.  I will be looking for divergence as this can provide information as to if the currency will bounce and continue in the direction.

 

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