Market Outlook

Looking for a US Dollar Pounding

Since Covid-19 hit in Feb-Mar of last year the US dollar has been in a decline.  Most currencies are trending against the US dollar and the GBP/USD currency pair is the same. The uptrend is visible on the higher timeframes like the weekly and daily charts. In this week’s Technical Insights commentary, Toby Genaro from Trade With Precision, discusses a potential trade setup he is stalking on the daily chart.


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