Strength in the GBP on a quiet Wednesday in the market – Currency Strength and Weakness for Thursday 15th October 2020
Hi Forex Trader, I make my Currency Strength and Weakness suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.
My suggestions are posted by 6pm EST each day.
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Overall there is strength in the GBP, with minor strength in the JPY
Overall there is minor weakness in the CAD, AUD, EUR, and USD
Trading Directions I am favouring for the next 24 hours
Buy Trades – GBP/USD, GBP/CAD, GBP/AUD, GBP/CHF
Sell Trades – EUR/GBP, EUR/JPY, USD/JPY
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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator