Strong Pound

Market Report produced from Reuters Data. Report taken from Metastock.

Good morning,

Today we have out NFP. Im sure I dont need to tell you all what to look out for.

Above we have the market report for today but this wont really be so useful as you should not look to take out a position before the release. However, it will giv you some kind of pattern that maybe worth taking note.

Well done to Clay. Another person who has been working very very hard to achieve some form of consistency and now seems to be getting there.

For those that trade the GBPJPY, beware we hit a previous resistance yesterday and a retest is in progress today. Watch for a break or continuation on this cross after NFP release.

Ensure you all have TTN switched on today.

Good luck and have a good weekend.