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The GBP/USD went into the weekend near the 1.20430 ratio after a rather choppy and nervous display of trading the entire week.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of march 5th, 2022 here.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
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The GBP/USD went into the weekend around the 1.19390 ratios having experienced a rather strong exhibition of selling on Friday.
Speculators anticipating a sudden reversal higher in the EUR/USD last week saw no evidence of upwards buying action being able to take hold.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of February 26th, 2022 here.
The EUR/USD hit a low of nearly 1.06140 this past Friday before seeing a slight reversal higher take place as the currency pair went into the weekend limping.
On Tuesday this past week, the GBP/USD was happily moving higher as strong buying was being demonstrated, as financial houses and traders embraced the notion a weaker-than-expected U.S Consumer Price Index report would soon be published.
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The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of February 19th, 2022 here.
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Sign up to get the latest market updates and free signals directly to your inbox.Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of February 12th, 2022 here.
The GBP/USD traded slightly below the 1.19600 ratios last Tuesday and then began a reversal higher and came within the 1.21920 vicinities on Thursday.
The EUR/USD touched its lowest values as it went into the weekend, after exhibiting a choppy range which saw Thursday’s move higher run into a strong reversal downward.