Daily Forex Signals
The British pound continued its rally after the U.K. recorded 15 million vaccinations against coronavirus, with one in four adults vaccinated. The success of the U.K.s vaccination program is now allowing the government to consider lifting current lockdown restrictions. Prime Minister Boris Johnson is expected to unveil his plans in a speech on February 22.
The technical picture in the GBP/USD remains however unchanged. The pair is in overbought territory, making it vulnerable for a reversal. However, before a pullback happens sterling bulls could try pushing the pair towards a test of 1.3970-80 or possibly even 1.40.
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EUR/USD
Long @ 1.2165
Short @ 1.2090
GBP/USD
Long @ 1.3965
Short @ 1.3885
DAX® (GER30)
Long @ 14180
Short @ 14080
Monthly results 2021:
January 2021: +472 pips
Results 2020:
December 2020: +318 pips
November 2020: +75 pips
October 2020: +432 pips
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