British Pound Poised to Break 200-Day Moving Average
Trade Implications – GBPUSD: Our purely retail sentiment-based Momentum2/”Tidal Shift” strategy has done well buying into GBPUSD strength. Past performance is not indicative of future results, but it may continue to catch important GBP turns on broader US Dollar weakness.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
Download all of our Sentiment-based trading strategies free via an ongoing promo on FXCMApps.com
To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.
Contact David via
Twitter at http://www.twitter.com/DRodriguezFX
Facebook at http://www.Facebook.com/DRodriguezFX
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.