Since the USD has seen stronger gains last week, and the long term macroeconomic outlook for the US is of further growth and therefore strength of the USD, we could be seeing a generalized comeback to the uptrend in the USD and the downtrend in GBPUSD. Im biased to a short on the GBPUSD specially since the UK is growing at 0.6% and the US at 1.9%.
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Sources I've used to study technicals
Naked Trading Part 1: How to Trade Price Action Trends
youtube.com/watch?v=T-HkyhZCLOw
7 Characteristics of Consistently Profitable Traders
youtube.com/watch?v=tbY_gy8tKqo
Harmonic Trading Scanner
shamanforeignexchange.trade/harmonic-scanner.html
Harmonic Trading Volume 1 by Scott Carney
forexfactory.com/attachment.php?attachmentid=1193949&d=1368647141
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Sources I've used to study technicals
Naked Trading Part 1: How to Trade Price Action Trends
youtube.com/watch?v=T-HkyhZCLOw
7 Characteristics of Consistently Profitable Traders
youtube.com/watch?v=tbY_gy8tKqo
Harmonic Trading Scanner
shamanforeignexchange.trade/harmonic-scanner.html
Harmonic Trading Volume 1 by Scott Carney
forexfactory.com/attachment.php?attachmentid=1193949&d=1368647141
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.