Strength in the GBP as the AUD tumble down continues – Currency Strength and Weakness for Thursday 17th August 2023

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 and USD  

Overall there is weakness in the AUD and JPY, with minor weakness in the CHF

Trading Directions I am favouring for the next 24 hours

Buy Trades – GBP/CHF, GBP/CAD, GBP/AUD, GBP/NZD, GBP/JPY, CAD/JPY, CHF/JPY, USD/CAD, USD/JPY, SGD/JPY

Sell Trades –