by Michael Bridgman | Mar 27, 2020 | Forex Tips
The GBPUSD surged 450 pips off its low on Thursday breaking through the 1.200 level and still continued up 225 pips. Today after a pullback in the early U.K session it began to move higher again. After an early double bottom and a further push higher in the...
by Michael Bridgman | Mar 23, 2020 | Forex Tips
Currency markets continue to be extremely volatile as governments around the world take extreme measures to deal with the coronavirus and its economic impact. All trading sessions offer trading opportunities and if you’re going to be home anyway…why not look for some...
by Michael Bridgman | Mar 18, 2020 | Forex Tips
Trading is very active at the moment and trading ranges for the majors is expanding. With unidirectional moves, it makes it easier to be right. Trade with the trend. Economic news events scheduled each day are being overshadowed by the coronavirus pandemic and...
by Michael Bridgman | Mar 13, 2020 | Forex Tips
Headlines continue to be about the spread of the coronavirus. It’s mostly doom and gloom. Governments are making unprecedented moves to contain the virus and stimulate economies from the negative impact. Financial markets this week have sold off heavily. With...
by Michael Bridgman | Mar 11, 2020 | Forex Tips
There was a big sell-off in the GBPUSD when the Bank of England cut interest rates by 50 basis points today. The 50 bp cut is the same as what Australia, the U.S. and Canada did last week. Once the economic news releases were behind us today in the U.S. session...
