GBP in firing line with UK Manufacturing today

How Do We Make Money Today?

There wasn’t a huge amount of activity on the majors yesterday besides a few ‘flush outs’ both sides of the market.

Now that we’ve blown the cobwebs out after the FED meeting the currencies can continue on their recent trends. I see no reason for these to turn around until we get data that tells us otherwise.

We’ll be focusing on the AUD during the Asian session as it has a great upward trend going on at the moment.

Sterling will be a major focus with UK Manufacturing data scheduled. It’s a little loose at the moment so hopefully the data gives us clear direction.

There’s also potential for some action during the North American session with the weekly ‘Jobless Claims’ & ISM Manufacturing data due for release.

That’s it. I’m trading with the trend until I get something that tells me to do otherwise.

Trading Pairs to Focus On


Check our Next Best Trades list for full details as to why these pairs are in focus.

Technical Set Up – What’s Happening with the Majors

Check our Daily Analysis for detailed analysis of the Major currency pairs.

Today’s Fundamental Drivers

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Make sure you don’t waste unnecessary time in front of the screens.

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Don’t worry about things that you can’t make…..chasing them will only cause problems (tiredness & irrational behaviour will take over).

Tune up your charts & get ready to trade…..see you in the 247 Trade Zone!


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