Yesterday’s signal to enter long at 1.6230 was triggered. Exiting the remainder of this profitable position immediately is recommended. Today’s signal and analysis will be available shortly.
GBP/USD Signal Update- Dec. 18, 2013
By Adam Lemon
Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.