Big strength in the GBP as the US Dollar falls to end the week – Currency Strength and Weakness for Friday 19th February 2021
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, with minor strength in the EUR and NZD
Overall there is weakness in the USD, with minor weakness in the JPY, CAD, and AUD
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/USD, EUR/CHF, GBP/USD, GBP/CAD, GBP/JPY, GBP/AUD, GBP/CHF, NZD/USD, NZD/CAD, NZD/JPY
Sell Trades – EUR/GBP, USD/SGD, USD/CAD
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Have a fantastic weekend,
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator