How long with the Pound strength continue? – Currency Strength and Weakness for Wednesday 27th April 2016

Hi Forex Trader,

I make my 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.

Overall there is minor strength in the GBP, NZD and CAD

Overall there is minor weakness in the USD, JPY and CHF

Trading Directions I am favouring for the next 24 hours

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

Sell Trades – EUR/GBP, EUR/NZD, EUR/CAD, USD/CAD

VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. Use your own trading strategy and look at taking setups that occur in the same direction as my daily analysis. If you don’t have your own trading strategy then email me here for some suggestions

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Regards
Andrew

– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator