Daily Alert – Tues 23 July: GBP continues down…Equities on the rise

Mark Nugent Daily Alert, July 2019

Daily Alert – Tues 23 July: GBP continues down…Equities on the rise

The GBP continues to fall despite the risk-on sentiment, which gives a boost to equities. I go long on S&P500 and Japan225. Returning to the weak GBP, the GBPNZD that served us well last week is stuck at support. The obvious currency to pair with a weak GBP this week is the strong USD, which had technically broken its down trend by making a higher high. I didn’t trade the GBPUSD short but it is certainly one to look at today.

[MM_Member_Decision isMember=’false’]

To see the video, members can login HERE.

If you would like a free trial to the VIP Club you can find out more HERE.

[/MM_Member_Decision] [MM_Member_Decision membershipId=’1′]

To see the video, members can login HERE.

If you would like a free trial to the VIP Club you can find out more HERE.

[/MM_Member_Decision] [MM_Member_Decision membershipId=’3|4′]

Here is your video:

You can download the video HERE.

The updated Trading Plan is HERE.

There is an archive of all VIP Club member’s content on the VIP Club page.

[/MM_Member_Decision]