In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we focus on British Pound and USOIL again.
First is GBPUSD. As a result of ongoing Brexit negotiations and votes in Parliament, we have had a few days of significant volatility. Technically speaking, yesterday’s high price was the highest price for 9 months, therefore, we would expect continuation above 1.3380.
It is a similar situation in the USOIL Market. We have finally seen this market break above the $58 level. As a result, if we break above yesterday’s high of 58.72, we would expect strong continuation.
Focus on British Pound and USOIL Again – Full Video Analysis
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