In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we advise you to stick with the profitable pound.
We have seen significant volatility with the fundamentals and sentiment falling into place for the pound. Pound strength has now become a no-brainer trade to run. As a result, from a technical perspective, we have decided to marginally focus on GBPJPY due to the technical setup that we explain in detail in the video.
One word of warning. Later today, we have non-farm payroll data out at 1.30 pm UK time. Be aware of some significant volatility around this time and maybe look for profits prior to this news release.
Stick with the Profitable Pound – Full Video Analysis
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