Our Tables Helped Us Gain +300 Pips : GBP Strength Returns
Wed 16th August 2023 : Daily Forex Price Action
Today we’re looking at Trading Setups in:
GBPNZD (Primary Focus Pair)
GBPJPY (Covered In Video)
AUDCHF (Covered In Video)
Our live forex strength vs weakness tables are full once again, highlighting 9 forex pairs of interest, out of a possible 28 pairs that we trade.
Our actionable currency pairs have not changed much from yesterday, but the order of the currencies has changed.
GBP is now the strongest currency overall after yesterday’s strong earnings data followed by todays encouraging CPI data.
Comparing this to the weaker currencies, we can see a potential opportunity forming on GBPNZD.