Breaking Down the GBP – April 1, 2013
Our 4Xlounge Market Barometers are very good at forecasting long term moves or trends. We use other 4Xlounge tools to find our trade entries, but the Market Barometers give us the information that we need to determine trade viability. I’ll use the GBP to explain how this works.
Read More
4Xlounge Round Table – GBPUSD (2012 Forecast)
As we look ahead into 2012, the GBPUSD will be the focus for many traders. When chosing between the EURUSD and GBPUSD, the GBPUSD should provide a "cleaner" trade. The Pound Sterling (GBP) is seen as a safe haven currency at the moment. Along with the CHF and USD, the GBP has enjoyed significant upward momentum over the past year. However, this has recently changed. As confidence in the USD grows, interest in the GBP begins to enervate. This should produce gradual declines for the GPBUSD over the coming year.
Read More
4Xlounge Round Table – Currency Forecast
With all of the chaos in the world these days, most market analysts are having a tough time predicting currency moves, but not us. We have the 4Xlounge Market Barometers to guide us. Current market conditions will help us find some excellent long term trades.
Read More
