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Momentum on Major Forex Pairs

September 18, 2017 07:00

GBP/USD is showing strong momentum and potential for a breakout whereas USD/JPY could require a retracement first. EUR/USD could offer bounce setups in its short-term range.

Watch the 8 min video here:

Many green pips,

Chris Svorcik

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Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.