GBPUSD – August 19th

Another week, another signal; I hope the signals from the last four weeks helped you guys out to earn some additional pips. I need to go back and do the math, but it was around 800 pips and today’s signal should allow those who like to follow third party signals to breach the 1,000 pip level (courtesy of Paxforex). I had the GBPUSD on my short list of currency pairs to analyze and I really like this chart and the story it tells. As always, do your own analysis and never blindly trust a signal given to you by a third party.