Your Morning Podcast 24 August 2017

Your Morning Market Podcast

24 August 2017

Looking at the GBP/USD Index & the USD/CHF currency pairs this morning.

GBP/USD:

Tempting for a short ahead of UK GDP numbers this morning. Wait for GDP numbers before taking a big position as better numbers could result in a bounce.

USD/CHF:

Facing some resistance at the 200 hour moving average, wait for breakout before buying. Expect further resistance at the top of the triangle.

Wishing you a profitable trading day.

Musa Makoni | Trading Specialist at GT247.com

Follow @Makoni_Henry

Wishing you a profitable day of trading.

Have you entered our Ferrari Driving Experience competition?