RAPID UPDATE GBP/USD TP @: 1.32056 SL @: 1.32406 Our se | Focal Community Group (FXSignals)

RAPID UPDATE
GBP/USD
TP @: 1.32056
SL @: 1.32406

Our second GBP/USD is again in profit. Many investors believe that the Fed will not only stay with the accelerated tapering but also announce a big step forward in terms of hiking rates tomorrow - I don't only agree, but say this since weeks. However, much of this is already priced in. It would still provide further tailwinds to the USD.

It is hard to believe how successful we are in forex trading in these turbulent times. It is the power of fundamental analysis and understanding what influences the forex markets and individual currencies that makes such an "unreal" success rate possible. Even professional forex traders rarely get above a 70% success rate over long periods of time. With our GBP/USD we have now won 19 of our last 21 FX trades* (90.5%).

*USD/JPY is in profit, but can still hit our SL and easily close out of profit - therefore still unconsidered.


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