Friday, 19 May 2017

Currency Trading - GBP/USD - Pound to Dollar

The British pound surged higher after retail sales came out much stronger than anticipated. This is a market that I’ve been talking about for some time, and I recognize that the 1.30 level has a certain amount of psychological significance. The fact that we broke above there is a bullish sign, so having said that I think that the market will continue to go higher over the longer term, although it could be a bit messy in this general vicinity. Happy Currency Trading
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