In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we analyse the markets as Theresa May wins confidence vote and ECB up next will be our main priority.
Due to recent geopolitical events and uncertainty, it has left the markets relatively flat across the global markets we regularly focus on. What we have focused on is the price action of the GBPUSD. This is mainly because of the ongoing saga in the Brexit negotiations.
The other significant event to keep a close eye on is the EURUSD. Over the course of the day, we have the ECB rate statement and press conference which is always a volatile time for traders.
For any trades taken, make sure you pay close attention to effective risk management and really look to protect your capital to the downside.
May Wins Confidence Vote and ECB up Next – Full Video Analysis
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