Christmas Trading

The Christmas period for trading is upon us now and it does not always provide accurate directions. Trading volume will be thin and for me I would tend to stay out of the market until after the festivities are over.

The USDCAD trade has now been scaled out with a small profit.

The GBPUSD hit the 1.9800 mark that was mentioned on this site here. The market chatter now is we could see further weakness toward the 1.9500 territory.

Our next update will be on December 26th.

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As this is our last post until after the holidays, we would like to wish you all a very Merry Christmas. Thank you all for your support, charity donations and kind emails. Have a fantastic holiday season wherever you are and best wishes from Anne and Javid.

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