It's been a messy year for the British Pound, but as the dust settles, a rather consistent bullish channel remains in GBP/USD.
Tyler Yell, CMT
Forex Trading Instructor
Bearish New Zealand Dollar / US Dollar
Expertise Technical Analysis, Intermarket Analysis, Institutional Positioning Data
Average Timeframe of Trade 2-5 Weeks
Near-term Setups in GBP/USD, NZD/JPY, and AUDJPY
Expertise Technical Analysis
Average Timeframe of Trade 1-3 Days
EUR/JPY has spent most of Q4 in a range-bound fashion, and this was after the pair spent much of the first nine months in an aggressively bullish trend. This keeps the door open for topside strategies as we near 2018.
A review of the December setups we’ve been tracking that exemplify our trading methodology in practice and an outlook for 2018.Continue Reading