Today in the forex market the GBP (British Pound) strength was signaled on all pairs and this is shown below on The Forex Heatmap®. There was also EUR (Euro) weakness present, causing price movement and opportunities for traders. This caused the EUR/GBP to dropstrong to the downside, this pair should continue down to retest the 0.7050 support area as the D1 trend is forming pointing down. We will also look to the GBP/CHF pair to set more trading plans, this pair has strong upside pip potential if the D1 trend fully forms going up. The trading signals you see below are from The Forex Heatmap®, our real time trade entry management tool, it provides signals for 28 pairs.
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