New US$ Comeback!
August 11, 2008 1 Comment
All US$ currency pairs are breaking on all major timeframes! This is an exciting time. For those who love to swing trade, you’ll probably see some nice, large swings over the next 6-12 months, as the US$-paired currencies begin changing direction.
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When I wrote the above-forecasted comeback of the USD, it was August 11th, 2008 and the GBP/USD had just closed at 1.9107. I hope you took advantage of my advice because the GBP/USD, like many, many other currency pairs fell against the USD. The GBP/USD fell from 1.9107 to 1.3500s. That’s well over 5,000 PIPs of profit, on the GBP/USD alone, if you took advantage of the forecast!