Buying the GBP/AUD today as the GBP and JPY rise with weakness in the Commodity Currencies- Currency Strength and Weakness for Friday 14th February 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.
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Overall there is strength in the GBP and JPY, with minor strength in the USD
Overall there is weakness in the EUR, NZD, AUD, and CAD
Trading Directions I am favouring for the next 24 hours
Buy Trades – GBP/AUD, GBP/CAD, GBP/CHF, GBP/NZD, XAU/USD
Sell Trades – EUR/USD, EUR/JPY, EUR/GBP, EUR/CHF, AUD/JPY, CAD/JPY, CHF/JPY, NZD/JPY
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Have a fantastic weekend,
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator