FOREX VIDEO REVIEW: London Session March 19, 2009

Posted by - 12/12/09 at 04:12 pm

After a tremendous response from the FOMC statement yesterday on the USD, we found ourselves rather extended opening London today. While the EUR/USD was a tougher read, the GBP/USD was issuing many clues to it’s upward intentions after already making it’s way to a nice overall 38.2 Fibonacci pullback pre-London. Using additional correlation with the EUR/GBP, we were able to indicate several reasons that the British Pound Sterling should gain against the USD today more than the Euro. Once …

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FOREX VIDEO REVIEW: London Session March 19, 2009

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